Charitable incorporated organisation model will be available next year, Nick Hurd says

Minister for Civil Society says legislation to activate the new legal form will be tabled early in 2011

Minister for the Civil Society Nick Hurd
Minister for the Civil Society Nick Hurd

The charitable incorporated organisation, a new legal form for charities that was created by the 2006 Charities Act, will come into force early next year, according to Nick Hurd, the Minister for Civil Society.

Answering a written parliamentary question, he said secondary legislation to bring CIOs into force would be put before Parliament "with a view to the first charitable incorporated organisations being established from spring 2011."

Under the CIO model, charities would be able to have limited liability without the need to register as companies and file accounts with Companies House.

Hurd said:"I have yet to agree the implementation timetable, but the availability of the charitable incorporated organisation model for existing charities will have to be phased in over time to help manage the expected demand."

An Office for Civil Society spokesman said the OCS would draft the legislation. He said an implementation period would be set out in due course, but was unable to provide any further information.

Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Already registered?
Sign in
RSS Feed

Third Sector Insight

Sponsored webcasts, surveys and expert reports from Third Sector partners