Community right to buy - Company Limited by Guarantee: model template and guidance
Model articles of association template and guidance to enable a community to form a Company Limited by Guarantee (CLBG).
This model Company Limited by Guarantee template has been created to enable a community to form a Company Limited by Guarantee, for the purposes of registering an interest in land and exercising the right to buy land under Part 2 and Part 3A of the Land Reform (Scotland) Act 2003 and Part 5 of the Land Reform (Scotland) Act 2016.
A community is defined geographically under the Acts and must consist of one or more of the following prescribed types of area:
- postcode unit(s)
- postcode sector(s)
- postcode district(s)
- electoral ward(s)
- community council area(s)
- island(s)
- settlement(s)
- locality or localities
The model template can also be used by communities looking to form a Company Limited by Guarantee for the purposes of submitting an application to the Scottish Land Fund.
On completion of the model template form, a community body must send its Articles of Association to the crtb@gov.scot mailbox. A review of the governing document will then be undertaken and this process may take up to four to six weeks to complete.
Once the Scottish Government has completed its review and a compliance letter has been issued to the community body, the community body must then send its Articles of Association to Companies House, to complete the formation of its company.
Contact
Email: crtb@gov.scot
There is a problem
Thanks for your feedback