The Community Interest Company (Amendment) Regulations 2014 were made on 14 September and come into force on 1 October: see here or here (pdf). Their purpose is to remove, for community interest companies, the share dividend cap (as contained in the Community Interest Company Regulations 2005). Further information is available in the explanatory memorandum available here (pdf).
Friday 19 September 2014
UK: The Community Interest Company (Amendment) Regulations 2014
The Community Interest Company (Amendment) Regulations 2014 were made on 14 September and come into force on 1 October: see here or here (pdf). Their purpose is to remove, for community interest companies, the share dividend cap (as contained in the Community Interest Company Regulations 2005). Further information is available in the explanatory memorandum available here (pdf).
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