A PROPOSAL to change the status of Oban Communities Trust (OCT) to become a Community Benefit Society (CBS) will be on the agenda at the trust’s annual general meeting on Wednesday November 29 at 7pm at the Rockfield Centre.
Members are being asked to change the legal status of OCT to become a CBS to enable the trust to raise money through community shares.
By changing its status, OCT will follow examples of a growing number of community enterprises to raise investment capital through a community share offer.