Converting to a Charitable Incorporated Organisation (CIO)
On 1 April the Charity Commission (CC) issued draft regulations for open consultation which would mean that certain charitable companies (chc) and community interest companies (CIC) are able to convert to CIOs.
The consultation includes details of exactly which chcs and CICs could convert and which can’t and the CC have stated that it is a simple process. The consultation also sets out a provisional timetable for the phased implementation. The consultation period is from 1 April 2016 to 10 June 2016 and details can be found at https://www.gov.uk/.
Date: 5th April, 2016
Articles from this Author
24th July, 2018
Academies Accounts Direction 2017/2018 (AAD)
9th February, 2018
Guidance for charities regarding the changes to the automatic disqualification of trustees rules
30th November, 2017
Legislative changes affecting the Charitable Incorporated Organisation (CIO)
14th November, 2017
Updated guidance for independent examiners (CC32)
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole