Trust Deed

The Trust Deed is the document that each Millennium Green Trust is based around. The Countryside Commission created a basic trust deed document, which was adapted where neccesary to suit each trust. The following is a review of our Trust Deeds based on that of New Southgate's Deed. The numbering and section titles may be different in other deeds.

The deed begins with defining the meaning of key words, then goes on the define the Trust and its Objectives.

4. Powers
This section not only states the powers of the Trust to do the job, but a lot about what they can and cannot do on the Greens, such as what they can and cannot build on the Green. The final section, 4.3 covers what happens if the land is to be disposed of.

5. Vesting
This is about leaving the Title Deeds for land with the Charities Commission.

6. Appointment of Trustees
Any rules and guidelines for choosing new Trustees.

7 Nominated Trustees
This speaks of Trustees nominated by an organisation, which some Greens may have written into their deeds, or established by common practice.

9. Determination of Trusteeship
Ceasing to be a Trustee, such as being incapable of doing the job.

11. Ordinary Meetings
At least two ordinary meetings are required per year.

Special Meetings
Notice required for these etc.

Quorum
percentage and numbers of trustees needed at meetings.

Annual General Meeting
This vital section involved the Greens with outside world. AGM's must be advertised and open to the public. They must invite comment etc. from the local Inhabitants.

Trustees not to be Personally Interested
Trustees cannot be paid or rewarded by the Trust.

Insurance
The Trust must have Insurance.

Ammendment
What can and cannot be changed in the Trust Deeds.