Textual Amendments
F1Pt. 8A inserted (27.2.2007 for the insertion of ss. 69B(3)(5), 69E(2)(b), 69G(5)(d), 69H(4), 69J, 69N, 69Q for specified purposes) by Charities Act 2006 (c. 50), s. 79(2), Sch. 7 para. 1; S.I. 2007/309, art. 2, Sch.
(1)In this Act, a charitable incorporated organisation is referred to as a “CIO”.
(2)A CIO shall be a body corporate.
(3)A CIO shall have a constitution.
(4)A CIO shall have a principal office, which shall be in England or in Wales.
(5)A CIO shall have one or more members.
(6)The members may be either—
(a)not liable to contribute to the assets of the CIO if it is wound up, or
(b)liable to do so up to a maximum amount each.]