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Scottish Fencing – Members’ Rights and Obligations
The signing of the Home Countries Agreement of 2004 and the incorporation of Scottish Fencing (SF) Ltd (formerly Scottish Fencing Union) had certain implications for members. It has been brought to our attention that some of the implications of these changes were not made entirely clear to members at the time, nor to members who have joined since then. In order to clear up any misunderstandings, we therefore ask members to note that: · As SF Ltd is a company limited by guarantee, it is implicit that members (or their parent/guardian if the member is under 18) have given an undertaking to pay a nominal amount (a maximum of £1) towards the winding up of the company in the event of a shortfall upon cessation of business. · Under the Home Country Agreement, a member of SF also becomes a member of BFA Ltd and an annual levy of £20 (Social Member £5) is transferred to BFA. As such, a member of SF becomes a guarantor of BFA Ltd and it is again implicit that they (or their parent/guardian if the member is under 18) have given an undertaking to pay a nominal amount (a maximum of £1) towards the winding up of that company in the event of a shortfall upon cessation of business. |
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Scottish Fencing Ltd 2006 |