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Agenda item 8. Incorporation of OneGeology

Agenda item 8. Incorporation of OneGeology. April 2010. Main points. Teleconference – 26 Nov 2009 – Steering Group agreed that UK Company Limited by Guarantee (CLG) was preferred option to take forward BGS/NERC and lawyers were briefed and considered the option in detail

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Agenda item 8. Incorporation of OneGeology

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  1. Agenda item 8. Incorporation of OneGeology April 2010

  2. Main points • Teleconference – 26 Nov 2009 – Steering Group agreed that UK Company Limited by Guarantee (CLG) was preferred option to take forward • BGS/NERC and lawyers were briefed and considered the option in detail • Lawyers confirmed that CLG Charity was best course • Papers and first draft Articles prepared • IJ met NERC legal team to get latest position on 6 April 2010

  3. Incorporation means…. …..OneGeology • has greater security, stability and sustainability • will be a separate legal entity • able to enter agreements in its own name

  4. Company Limited by Guarantee Charity • A way to incorporate to achieve the objectives of OneGeology • A Not-For Profit Charity company which is strictly bound by its “objects”, and can only devote resources to its objects • The objects are the OneGeology objectives – • Make geological map data web accessible • Stimulate and accelerate the development and deployment of standards • Transfer of know-how and training in the objects

  5. Company Limited by Guarantee Charity • A CLG Charity company is regulated by the UK Government Charity Commission • A CLG Charity can only do work for charitable purposes (including education and advancement of science) • Its Articles will be a balance between minimising intrusion into GSOs, maximising protection of OneGeology and its members, and minimising risk • Maximum liability of members will be £10 • Members can leave at any time

  6. Latest position • IJ met NERC legal team on 6 April 2010 • We reviewed and revised the latest draft Articles of Association clause by clause – not yet ready for Steering Group consideration • We reviewed the likely structure of and responsibilities within the CLG (next slides) • The lawyers will be considering and producing the next draft (and awaiting feedback from discussion at this Steering Group meeting) • The next draft, plus a covering guidance note, will be sent out to the Steering Group for comment

  7. Proposed OneGeology CLG structure Board 6 Directors (Africa, Asia, Europe, N America, S America, Oceania) Executive & Technical directors & Secretariat Observers at Board Advisory Committees (Operational & Technical) Members Ex-officio organisations (UNESCO, IUGS, CGMW) Members National Geological Survey Organisations Associate Members National Geological Survey Organisations, State and Provincial Geological Survey Organisations and non-Geological Survey Organisations OneGeology “Foundation” Separate Board and one shareholder (OneGeology CLG) $

  8. CLG main roles, rights and obligations - draft

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