A LETSystem is a free association of individuals - the users (also called account holders).
- The account-holders agreements sets out the relationship between account-holders and also with the LETSystem administrators.
- A Steward takes responsibility for the overall operation and integrity of the LETSystem. The Steward delegates the responsibility for the administration of accounts to Recording Co-ordinators.
- A group of account-holders acts a board of Advisors to the steward and recording Co-ordinators.
- Only the Recording Co-ordinators are paid and only in local money. The Steward and Advisors are unpaid.
Comments to: email@example.com
Version #002 27-7-96