WHEREAS by the current rules, founder shareholders have the permanent right to elect a representative to the Board,
WHEREAS the co-operative has founder shareholders who have not engaged with or contributed to the co-operative in years,
WHEREAS such absentee ownership is incompatible with the principles of a co-operative and should not be guaranteed a key governance position,
THEREFORE LET IT BE RESOLVED That section 38.iv. be removed from the Rulebook
Founder Shareholders will elect one Board member, who may be removed only by the Allocations set out in 31(vi).
