F1F1PART IIICOMMUNITY INTEREST COMPANIES
Annotations:
Amendments (Textual)
Introductory
Community interest companies25
1
There is to be a new type of company to be known as the community interest company.
2
In accordance with this Part—
a
a company limited by shares or a company limited by guarantee and not having a share capital may be formed as or become a community interest company, and
b
a company limited by guarantee and having a share capital may become a community interest company.
3
A community interest company established for charitable purposes is to be treated as not being so established and accordingly is not a charity.
Pt. 3 (arts. 25-60) repealed (6.4.2007) by Companies Act 2006 (c. 46), ss. 1284(2), 1295, 1300(2), Sch. 16; S.I. 2007/1093, art. 5, Sch. 2 Pt. 2