On Thu, Sep 11, 2008 at 1:52 PM, geni <geniice(a)gmail.com> wrote:
2008/9/11 Chris Wood <hot20024(a)hotmail.com>om>:
Alison I have just spoken to my next door neighbours daughter who works in a bank and
>she says that there are special exceptions.
Problem is triggering them. In most cases you need some kind of hold
over the bank such as having a large existing deposit you can threaten
to withdraw. For something like WMUK 2.0 saying no is the easy option
so they are going to do that unless you are a complete walk through in
terms of meeting requirements.
It strikes me that the first and most pressing objective of the board
should be to obtain charitable status, for which, as we have seen so
clearly, a bank account is necessary. Accepting directors aged under
18 (and therefore without credit ratings) seems likely to place
additional obstacles in the path towards charitable status.
I agree that having directors of 16 or 17 would be a "nice to have".
I don't think it's important enough to compromise the most important
aim of the project.
--
Sam
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