FLEGG COMMUNITY LAND TRUST MEMBERSHIP APPLICATION

I fully support the objects of Flegg CLT and in particular I understand that :-
  • Members each have one vote at general meetings regardless of how many £1 (one pound) shares they hold;
  • Shares will never be worth more than I pay for them, could even reduce in value, and there will be no dividend payable to subscribers;
  • This is not a savings scheme and I may not get any or all of my money back should I ever ask for this in the future. If I wish to leave the CLT, the Trustees will consider whether my share money can be returned. Flegg CLT cannot guarantee it will have sufficient funds;
  • The shares are not backed by any compensation scheme or ombudsman;