The Memorandum of Association for Society Registration is a crucial document required when establishing a registered society in England and Wales. It sets out the foundational elements of the society, including its name, registered office, objects, powers, and membership structure. This document is essential for registration with the Financial Conduct Authority and must comply with the Co-operative and Community Benefit Societies Act 2014. It serves as the society's constitutional document, providing legal basis for its operations and governance framework.
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1. Name and Registration: States the society's name and registration details, including any trading names and registration number
2. Registered Office: Specifies the official address of the society in England or Wales
3. Objects: Defines the primary purposes and aims of the society, including its core activities and beneficiaries
4. Powers: Lists the legal powers of the society to carry out its objects, including financial, property, and operational powers
5. Members: Defines membership criteria, rights, obligations, and procedures for admission and termination
6. Committee Structure: Outlines governance structure, management roles, and decision-making procedures
1. Asset Lock: Provisions for protecting society assets from distribution to members, required for community benefit societies
2. Charitable Purposes: Additional provisions specific to charitable societies, including compliance with Charities Act 2011
3. Data Protection Compliance: Specific provisions for handling personal data in compliance with UK GDPR and Data Protection Act 2018
1. Rules of the Society: Detailed operational rules and procedures for day-to-day management and governance
2. Member Register Template: Standardized format for maintaining records of society members and their details
3. Committee Structure Chart: Organizational chart showing governance hierarchy and reporting relationships
4. FCA Registration Forms: Required forms and documentation for Financial Conduct Authority registration
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