- MK LetNet (LetNet) is a user co-operative whose rights and authority are vested in the Council of all its members (the Council). A recognised group of members (the admin group), accountable to the Council, provides the day to day management and administrative support, as defined in its constitution.
- Membership of the group shall be open to individuals (members) or bodies corporate or unincorporated associations (member organisations) who are interested in furthering the work of the group and who have paid any annual subscription laid down from time to time by the admin group. By applying for membership, an individual or organisation is agreeing to be bound by the terms of this Agreement and by any rules which the Council or admin group shall decide.
- LetNet will publish a Directory or other information of goods and services offered by members, but no warranty or undertaking as to the value, condition, quality or suitability of the goods or services is expressed or implied by virtue of their inclusion.
- LetNet will maintain central records of the transactions for the convenience of members and publish statements and answer queries from each member about their own account.
- LetNet may charge a fee for membership, in both ccs and money, as agreed by the Council.
- Members may give or receive credit from each other in exchange for services or goods, recorded in the LetNet unit of currency known as a cc. All admin services are offered in the same way as any other services, and paid for at rates determined by the Council.
- Any transactions may be on a part cash basis, but LetNet does not account for the cash element of transactions between individuals or handle such cash.
- Members are not obliged to earn ccs before spending ccs. Account balances may be positive or negative. No interest is charged on balances. The Council may, at their discretion, place limits on either the balance or the turnover of accounts.
- All transactions are voluntary between individual members. No individual is obliged to engage in any transaction whatsoever apart from the payment of their membership fees. Before leaving LetNet, those with negative balances in their cc account are asked to balance their account either by trading in ccs, or by making a cash offer.
- Only an account holder can authorise the transfer of ccs from their account to another member’s account. The authorisation must be in writing, on paper or by email, and must be sent to the cc accountant.
- LetNet does not act in loco parentis for young traders. The guardians of members aged under 18 shall be responsible for the member’s safety, and for their actions.
- Members agree to LetNet holding their personal data on computer, provided that LetNet’s rules for the handling of such data, set by the Council, are followed. If a member supplies the admin group with any of the following data, it will be circulated to all members of the MK LetNet trading scheme: member’s name, phone number, email address, goods or services offered and goods or services requested. Members’ cc account numbers and current balances will also be circulated to all members.
- Members’ personal data is treated as confidential and will not be disclosed to persons or organisations outside MK LetNet, without express permission, for any reason whatsoever, unless required to do so by law. Similarly, members must not disclose other members’ data to people outside MK LetNet without their permission.
- Members are responsible as individuals or organisations for their own tax liabilities and returns. LetNet has no authority, obligation or liability to report to the tax authorities or to collect taxes on their behalf.
- The admin group may decline to record a transaction or a goods or services entry in the Directory if it is considered inappropriate for legal or other reasons. In the case of suspected fraud or misuse of an account, the admin group may, at their discretion, suspend an account, decline individual transactions or place additional restrictions on any account, or temporarily suspend, revoke or deny membership. These actions will be notified to the account holder(s) concerned, who will have the right to make their case to a meeting of the admin group before such a decision is publicised to all members.
- MK LetNet aims to be an equal opportunities group. No discrimination will be allowed against any individual or group of individuals on the grounds of race, colour, nationality, natural or ethnic origin, age, gender, marital status, caring responsibilities, sexual orientation, physical or mental health, political beliefs, religion, class, employment status or unrelated criminal conviction. Harassment of any kind or racist, sexist, homophobic or ageist comments will be considered to be a breach of this Agreement.
- The terms and conditions of this Agreement can only be changed by the Council.
