Trust Governing Documents
Enfield Island Village Trust (EIVT) is a charity and a company limited by guarantee*. In addition to company and charity law, EIVT must comply with its memorandum and articles of association.
Click this link to see the full published documents: Memorandum and Articles of Association
These legal documents spell out the rules that govern EIVT including:
- What the trust is allowed to do
- Who is eligible to be a member and who can vote
- How Trustees are elected and form a board
- How the board must conduct its business
* Limited by guarantee means that the members are required to contribute £1 if required to do so.
The Rent Charge
When Enfield Island Village was developed from the former Royal Small Arms factory a Deed of Rent Charge was created between all property owners and EIVT (formerly the Enfield Island Village Residents Association). Click here to view the Rent charge
The deed gives EIVT the authority to levy a rent charge on the Island’s residents and use the money collected to manage the common areas of the Island that are not adopted by the local authority.
The deed gives the residents a real power to manage and maintain the common areas and ensure that the Island is kept clean and tidy and efficiently run the benefit of all residents.