<html><body><div style="color:#000; background-color:#fff; font-family:times new roman, new york, times, serif;font-size:12pt"><div style="RIGHT: auto"><SPAN style="RIGHT: auto"> Stroud FM, currently a company limited by guarantee, is thinking about becoming a charity limited company. Had a quick chat with OFCOM re implications for our licence, which is held in the name of Stroud Community Radio Limited and they said that we will have to keep the current <VAR id=yui-ie-cursor></VAR>ltd company and set up the charity alongside, because the charity isn't a body coperate. Then they suggesed I ask the CMA what other members do, so here I am. However, I think a charity limited company is a body corporate? But, if the licence is held by Stroud community Radio limited, does that mean we still have to keep the company, or could the licence be transferred to the charity limited company?</SPAN></div>
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<div style="RIGHT: auto"><SPAN style="RIGHT: auto">Yours, confused.</SPAN></div>
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<div style="RIGHT: auto"> Claire Penketh, Stroud FM</div>
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