Fort William Shinty Club
Notice to membersn
28th November 2016
Notice of Special Resolution to be proposed to the members at the AGM on 12/12/2016.
Notice is hereby given of a proposed special resolution to alter Article 89 of Articles of Association which regulates the transfer of club property in the event of the winding-up of the company by stipulating that:
Upon dissolution of the club any remaining assets shall be given or transferred to another registered CASC, a registered charity or the sport’s governing body for use by them in related community sports.
Note: This wording is very similar, but not quite identical, to the existing wording of Article 89. The change is required by HMRC in order to obtain their approval to the club becoming a Community Amateur Sports Club (CASC), which has tax benefits for the club. This is an additional change to that made on 6/6/16.