"Sorry for the delay, for some reason I didn't get an email notification about this post, but luckily noticed it! That looks good to me, but a few comments/suggestions...
Section A is just about beneficiaries, so you don't need to go into…"
Sorry for the confusion. This rule does not apply to the transfer of assets made for the benefit of the community (or the transfer of assets into certain an asset-locked bodies).
"That's interesting. Your reminder about 'full consideration' raises another point. As part of the rationale for my CIC being different to a commercial company, I was intending to publish the essential elements of our…"
"That would seem correct to me. The difference, as a CIC, being that the assets (intellectual property in the music) must be used principally for the benefit of the community, and cannot be transfered for less than full consideration (i.e. sold at…"