Monday 11 April 2016

UK: consultation on conversion to a charitable incorporated organisation

A joint consultation paper, from the Cabinet Office and Charity Commission, seeks views on the introduction of a process to permit community interest companies and charities formed as companies limited by guarantee to convert into a charitable incorporated organisation (CIO): see here. The CIO legal form was introduced in 2013 and, since then, over 6,500 have been registered with the Charity Commission.

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