Terms and conditions

The following Terms and conditions will apply to any shares sold.

  1. The shares are sold subject to the terms set out in the Societies Rules as approved by the Financial Conduct Authority on 4th October 2019. (A copy of these rules can be downloaded below).
  2. The shares in SHT are sold to an individual or a corporate body or nominee of an unincorporated body as long as they support the objects of the Society and may not be sold or transferred.
  3. Where the shares are sold to a corporate body, they will notify the Society of its representative who would act in the same way as an individual person.
  4. The shares may be returned to the Trust following formal written notice to the membership Secretary at least three months in advance of the date of the proposed return.  The shares will then be cancelled and if requested the sums paid for the share will be returned to the former shareholder.  At that point both the shares and membership will be cancelled.

 

The rules of Shambellie House Trust can be downloaded below