D-community-shareholding Dictionary
Community share scheme
An arrangement in which the community owns a share of the venture and receives part of its profit
- Plain meaning
- An arrangement in which the community owns a share of the venture and receives part of its profit
- How to use it
- Consider it once the venture is stable; agree in writing, with expert help, what the community contributes and receives.
- South African benchmark
- South African land reform and sugar out-grower models include community and worker ownership structures (Article 115).
- Country notes
- Community trusts and co-operative stakes are used across the region; have the agreement drafted by a qualified person.
- Go and read
- C11 Lesson 11.6
- Calculate it
- No calculator; record it in the Capstone community plan.
- See also
- Cooperative, Social licence to operate
Introduced in C11 People, Community and Labour.