Community Interest Companies dividend regs

The Community Interest Company (Amendment) Regulations 2014 (http://www.legislation.gov.uk/uksi/2014/2483/contents/made) came into force on 1st October, applying to any dividend declared, or proposed to be declared, on or after that date. The main change is to remove the share dividend cap, with the cap for performance related interest also increased from 10% to 20%.

(Info from Bates Wells Braithwaite Briefing.)