Weighing up charity and ‘community’ legal structures

Solicitors Russell Cooke takes a look at the Charitable Incorporated Organisation legal model two years on from its introduction. With over 5,000 in existence, in 2014 forty per cent of all charity applications made to the Charity Commission were for CIOs.

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CIO legal model leads to more charity registrations

Civil Society News reports that more organisations are applying to become charities because of the appeal of the charitable incorporated organisation (CIO) structure.

At its recent public meeting in Birmingham, the chief executive of the Charity Commission said that registrations had seen a steady increase of around 20 per cent year-on-year.

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Charitable company conversion delayed again

Civil Society News reports that there is a further delay until charitable companies limited by guarantee can apply to become charitable incorporated organisations (CIOs).

The government has now confirmed that this will not go ahead until after the General Election, the second delay in introducing the necessary conversion regulations. More at http://www.civilsociety.co.uk/governance/news/content/19219/further_delay_in_registering_companies_as_cios.

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