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Meanings and definitions for BASSAC
What does BASSAC stand for? What does BASSAC mean?
- Development trusts are organisations operating in the United Kingdom that are:
community based, owned and led
engaged in the economic, environmental and social regeneration of a defined area or community
independent but seek to work in partnership with other private, voluntary, and public sector organisations
self-sufficient or aiming for self-sufficiency, and not for private profit.There is no set form of legal structure, and a development trust may be registered as a company limited by guarantee, a community interest company, or an industrial and provident society.
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