MAC ArtsRegistered

4. The Company has been formed to benefit the musical and arts community of the Scottish Borders both amateur and professional ('the Community') with the following Purposes ('the Purposes'): I. To advance music and the arts within the Scottish Borders for the Community and the general public by providing and operating a performance, rehearsal and administrative facility. II. To advance community development by the management of community land and associated assets for the benefit of the Community and the public in general following principles of sustainable development, where sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs. III. To provide recreational facilities, and/or organise recreational activities, which will be available to members of the public at large with the object of improving the conditions of life of the Community and following principles of sustainable development, by operating community owned facilities. IV. To advance the cultural knowledge of the Community through the education of its members. V. To advance heritage for the public by refurbishing and returning to economic use a listed historical building. VI. To advance community development and rural regeneration for the benefit of the community and its members by the promotion of trade and industry. VII. To advance citizenship for the community and its membership by promoting, establishing and operating other schemes of a charitable nature.