08-08-2012, 11:19 AM
Alan, I presumed that would be reason, but part of my questions are aimed at establishing whether the BCF are the most appopriate body (as I said, I know little/nothing about them).
In your example, what would prevent the 600 members of holding a SGM, changing the rules back to the way that they are now and splitting the £1m? Is this the best way of satisfying the Lottery requirements?
I'm not saying that it isn't, but it would just be good to understand a bit better what we are actually trying to do prior to the AGM given that we are looking to entrust the assets of our organisation to a third party.
In your example, what would prevent the 600 members of holding a SGM, changing the rules back to the way that they are now and splitting the £1m? Is this the best way of satisfying the Lottery requirements?
I'm not saying that it isn't, but it would just be good to understand a bit better what we are actually trying to do prior to the AGM given that we are looking to entrust the assets of our organisation to a third party.