Members Details and Business Interests

Members

Members have a similar role to shareholders of a company limited by shares. They:

• are the subscribers to the memorandum of association (where they are founding
• members)
• may amend the articles of association subject to any restrictions created by the
• funding agreement or charity law
• may, in certain circumstances, appoint new members or remove existing
• members
• have powers to appoint and remove Trustees in certain circumstances
• may, by special resolution, issue direction to the Trustees to take a specific action
• appoint the Trust’s auditors and receive the audited annual accounts (subject to
• the Companies Act)
• have power to change the company’s name and, ultimately, wind it up