<div dir="ltr">Hello,<div><br></div><div>Please be clear as to what your 'arts and mems' say as this is from the Ofcom rules on Community radio station ownership:</div><div><br></div><div><h3 style="vertical-align:top;padding:0px;border:0px;font-size:19.6px;line-height:1.2em;color:rgb(0,0,0);font-family:'Open Sans',Arial,sans-serif;margin:0px 0px 0.5em!important">Who can hold a community radio licence?</h3><p style="vertical-align:top;margin:0px 0px 1em;padding:0px;border:0px;font-size:14px;color:rgb(0,0,0);font-family:'Open Sans',Arial,sans-serif;line-height:19.6px">Individuals are not entitled to hold a licence. We only offer licences to registered companies (or equivalent bodies such as those created by statute). No company or organisation can hold more than one community radio licence. There are also restrictions on ownership between commercial radio and community radio.</p><h3 style="vertical-align:top;padding:0px;border:0px;font-size:19.6px;line-height:1.2em;color:rgb(0,0,0);font-family:'Open Sans',Arial,sans-serif;margin:0px 0px 0.5em!important">What does not for profit mean?</h3><p style="vertical-align:top;margin:0px 0px 1em;padding:0px;border:0px;font-size:14px;color:rgb(0,0,0);font-family:'Open Sans',Arial,sans-serif;line-height:19.6px">It means any profits generated by the community radio station cannot be given to shareholders for example, or to benefit the people running the service. However, this requirement does not prevent stations from paying staff. Any profit or surplus must be used for securing or improving the future provision of the radio service or for delivering social gain/community benefits to the station's target community.</p><p style="vertical-align:top;margin:0px 0px 1em;padding:0px;border:0px;font-size:14px;color:rgb(0,0,0);font-family:'Open Sans',Arial,sans-serif;line-height:19.6px"><br></p><p style="vertical-align:top;margin:0px 0px 1em;padding:0px;border:0px;font-size:14px;color:rgb(0,0,0);font-family:'Open Sans',Arial,sans-serif;line-height:19.6px">Source: <a href="http://consumers.ofcom.org.uk/tv-radio/radio/a-guide-to-community-radio/">http://consumers.ofcom.org.uk/tv-radio/radio/a-guide-to-community-radio/</a></p></div></div><div class="gmail_extra"><br><div class="gmail_quote">On Tue, Nov 10, 2015 at 2:07 PM, Cannock Radio <span dir="ltr"><<a href="mailto:office@cannockradio.com" target="_blank">office@cannockradio.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr">Hi <div><br></div><div>Yes Cannock Radio is a Ltd by shares</div><div><br></div><div>Can i ask as to why?</div><div class="gmail_extra"><br clear="all"><div><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr"><div>Jane Hughes</div><div>Cannock Radio</div><div>Unit 2 Wynns Venture Center</div><div>Broad Street</div><div>Bridgtown</div><div>Cannock </div><div>Staff</div><div>WS11 0XL</div><div>Office - 01543 622556</div><div>Studio - 01543 622555</div><div>Out of Hours - 07852 462888</div><div><br></div><div style="text-align:left"><img src="https://docs.google.com/uc?export=download&id=0B1S6_2fcUQdId3pkZ2R6UWRvVVE&revid=0B1S6_2fcUQdIRmJ1RmJCYWVmYmVFNHZqalVmTng1V1V0ZkZjPQ" width="420" height="138"><br></div></div></div></div></div></div></div></div></div></div>
<br><div class="gmail_quote">On Mon, Nov 9, 2015 at 7:43 PM, Terry Doyle <span dir="ltr"><<a href="mailto:cma@nnbc.co.uk" target="_blank">cma@nnbc.co.uk</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div>Hi <br></div><div><br></div><div>Is there any community radio station that operates as a LTD co <br></div><div><br></div><div>Not limited by guarantee or a CIC... just a bog standard 'Ltd by shares'<br></div><div><br></div><div><br></div><div>thanks <br></div><div><br></div><div>Terry NNBC</div>
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