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The Community Benefit Societies (Restriction on Use of Assets) (Amendment) Regulations (Northern Ireland) 2007
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- 2007 No. 226
- Regulation 3
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Amendment to the Community Benefit Societies (Restriction on Use of Assets) Regulations (Northern Ireland) 2006
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3.—(1) The Community Benefit Society (Restriction on Use of Assets) Regulations (Northern Ireland) 2006(1) are amended in accordance with paragraphs (2) to (5).
(2) In Regulation 2 (2), before the definition of “prescribed community benefit society” insert—
““community interest company” has the meaning given by section 26 of the Companies (Audit, Investigations and Community Enterprise) Act 2004(2);”.
(3) In Regulation 6 (Prescribed circumstances), after paragraph (b)(i) insert—
“(aa)a community interest company;”.
(4) In Schedule 1 (Restriction on Use), in the rule to be included in a prescribed community benefit society’s rules, after paragraph (f)(i) insert—
“(aa)a community interest company;”.
(5) In Schedule 2 (Application of the 1969 Act with Modifications), in paragraph 6, in the subsection substituted for section 61(1) of the 1969 Act, before subsection (1)(a) insert—
“(az)a community interest company (within the meaning of section 26 of the Companies (Audit, Investigations and Community Enterprise) Act 2004);”.
(2)
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