How to apply for shares
Please read the Share Offer Document and refer to the full rules of Community Energy Cumbria before making an application for shares.
You may make an individual & joint application or a corporate application for shares – please use the appropriate application form.
You may also hold shares on behalf of a child. Shares purchased on behalf of a child nominee will be held in the name of the Applicant and transferred to the child upon reaching the age of 16. Any returns payable in respect of the Shares will be paid direct to the child. It is not possible to become a member twice; this means you cannot become a member in your own right and also be a member holding shares on behalf of a child.
You may nominate a person to whom you wish the shares to be passed after your death. In the event of death of a shareholder, the repaid value of the shares will normally be added to the estate for probate purposes. Nominating a recipient for the value of these shares removes the value of these shares from your estate for probate purposes (but not tax purposes).
IMPORTANT – PAYMENT & COMPLETED APPLICATION FORM
Whether you pay by our preferred method of BACS or by cheque, please also complete and send in your application form. CEC will send you an email receipt or write to you confirming we have received your payment and application form.
BACS PAYMENTS
Once you have filled in the appropriate application forms please make a BACS payment to Community Energy Cumbria at Unity Trust Bank
Account Name: Community Energy Cumbria
Account No: 20348315
Sort Code: 08-60-01
Your reference: Please provide your SURNAME (e.g. ARNOLD) in capitals and your POSTCODE (e.g. CA10 3ET) as a reference: ARNOLDCA103ET Thank you.
CHEQUE PAYMENTS
Send a cheque payable to ‘Community Energy Cumbria’ and post the cheque and the form(s) to: Community Energy Cumbria Ltd, c/o CAfS, Eden Rural Foyer, Old London Rd, Penrith, Cumbria CA11 8ET.
The closing date for applications is 1st September 2015.
