Becoming a Shareholder

A shareholder is a member of CCHA. Their name and address is entered into our Share Register and each share member is entitled to hold one share, which will have a nominal value of £1 and will carry no right to interest, dividend or bonus, save for any permitted by paragraph 1 of Schedule 1 to the Housing Act 1996. 

The Board of Management can allow, at its discretion, any individual person to become a shareholder providing they are not:  

• a minor – as determined by the Board;  

• a person who has been expelled as a shareholder, unless authorised by a resolution at a general meeting;  
• an employee of the association or an employee of a group member;  
• a person who has been removed by the board in accordance with rule D5;  
• a person in respect of whom a registered medical practitioner who is treating that person gives a written opinion to the effect that that person has become physically or mentally incapable of acting as a board member and may remain so for more than three months;  
• a person in respect of whom, by reason of that person’s mental health, a court makes an order which wholly or partly prevents that person from personally exercising any powers or rights which that person would otherwise have; 

• a person who is disqualified from acting as a director of a company for any reason, or has been convicted of an indictable offence (in particular any offence involving dishonesty or any offence involving imprisonment whether suspended or not); 
• a person who is a director of a company which has gone into insolvency; or 
• a person disqualified under Section 178 of the Charities Act 2011 from being a charitable trustee. 

Further information is also available in our Rules and Shareholder Membership Policy. 

You can join for just £1; this covers the cost of your share certificate. 

• you can attend our Annual General Meeting 
• you can vote to elect Board Members 
• you would receive additional information on the work of CCHA via our Annual Report and Financial Statements. 

• the skills and experience the applicant will bring to the Association  
• the skills the applicant can bring to the Board, if applicable 
• knowledge of the Association or a similar organisation 

• commitment to the Association’s vision, values and outcomes 
• an interest in and a commitment to supporting the Association’s work whenever the opportunity arises and not to undermine its work or good name 
• an empathy with and understanding of the needs and aspirations of the communities and people the Association serves 
• a commitment to equal opportunities and diversity 
• to abide by the Rules and Code of Conduct of the Association 

• not in breach of the terms and conditions of the Association’s tenancy agreement, as determined by the Board (CCHA tenants) 
• no serious criminal offences, as determined by the Board.