The user group set up for private shared ownership community, SIBUG, has recently disbanded through not being big enough to support itself and transferred it assets to the National Association of Boat Owners. NABO is pleased to be chosen as the organisation most suited to the needs of this group of boaters and is very grateful for the funds. The Association will be giving its full membership benefits to SIBUG members without charge up until their subscription would have been due.
Howard Anguish, a boater with much shared ownership experience, is to be co-opted to NABO Council to ensure the community's issues are taken forward.
NABO wishes to point out that its full membership is open to the owner or part owner of a specific boat, not to someone who has just put down a capital deposit a time slot with a fleet, e.g Canaltime. However such people are welcome as associate members.