Law and Regulation of Community Interest Companies
Author: Richard Bishop, MA DipFA
Law and Regulation of Community Interest Companies
This new title provides a full analysis of the legislative and regulatory background of community interest companies and is a guide to all six CIC precedents:
- 1.CIC model constitution: company limited by guarantee with a small membership
- 2.CIC model constitution: company limited by guarantee with a large membership
- 3.CIC model constitution: private schedule 2 company limited by shares with a small membership
- 4.CIC model constitution: private schedule 2 company limited by shares with a large membership
- 5.CIC model constitution: private schedule 3 company limited by shares with a small membership
- 6.CIC model constitution: private schedule 3 company limited by shares with a large membership
The precedents are fully annotated to provide guidance on each article, together with bespoke clauses that may be included for specific events.It also uses case examples to demonstrate:
how to create or convert to a CIC
the reporting requirements with Companies House and the CIC regulator
Armed with this text any solicitor, barrister or accountant will have the tools to confidently advise clients on the legislative and regulatory background of CICs. This text would also suit community bodies or individuals who wish to set up a social enterprise using the CIC structure, in particular, sports clubs or voluntary groups.