Impact Housing Association

Improvement Through Action

Call us on: 03448 736290
24 hour local rate number

Membership

Impact Housing Association is a registered society under the Co-operative and Community Benefit Societies Act 2014 operating under Charitable Rules and we are keen to ensure that people and organisations who share our ethos have the opportunity to participate in our activities. We are controlled by Shareholding Members who agree to be bound by the obligations on them as set out in the Association’s Rule C1 and when acting as shareholders will act at all times in the interests of the Association and, for the benefit of the community, as guardians of the objects of the Association.

 

Who can become a member?

Impact has shareholding membership from the following individuals and groups:

  • Tenants/ Residents
  • Individuals from the communities where we work
  • Shared ownership tenants
  • Individuals who have particular skills to bring
  • Local community organisations
  • Local voluntary organisations
  • Stakeholder agencies

 

Basic information about shareholding?

The details of shareholding are set out in the Rules and can be summarised as:

  • Shareholders cannot hold more than one share;
  • Shares cannot be held jointly, (unless specifically permitted in the Rules);
  • Each share carries one vote, (unless specific details are set out in the Rules);
  • By  becoming  a  shareholder,  members  agree  to  adhere  to  the  Rules  of  the organisation;
  • Shareholders must always act in the interests of the Association;
  • Shares cannot be transferred.

 

Functions of shareholding membership

The functions of the membership can be summarised as:

  • Providing an accountable body for the Board at a general meeting;
  • Receiving and approving the annual report and accounts.

 

Shareholders responsibilities

Shareholding responsibilities can be summarised as:

  • To adhere to the principles of the Impact Code of Conduct;
  • To attend and vote at the appropriate AGM
  • To have the interests and aims of Impact in mind, and to promote these in the community.

 

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