53Ceasing to be a community interest companyE+W+S
A community interest company may not cease to be a community interest company except by dissolution or as provided—
(a)by [F1sections 54 to 55A] (becoming a charity F2...), or
(b)if regulations are made under section 56 (becoming [F3a registered society] ), by the regulations.
Textual Amendments
F1Words in s. 53(a) substituted (1.10.2009) by The Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941), art. 1(2), Sch. 1 para. 236 (with art. 10)
F2Words in s. 53(a) repealed (6.4.2008) by The Companies Act 2006 (Consequential Amendments etc) Order 2008 (S.I. 2008/948), art. 2(2), Sch. 1 para. 234(5), Sch. 2 (with arts. 6, 11, 12)
F3Words in s. 53(b) substituted (1.8.2014) by Co-operative and Community Benefit Societies Act 2014 (c. 14), s. 154, Sch. 4 para. 89 (with Sch. 5)
Modifications etc. (not altering text)
C1Ss. 53-55 power to apply or disapply conferred by 1993 c. 10, s. 69J (as inserted (27.2.2007) by Charities Act 2006 (c. 50), s. 79(2), Sch. 7 para. 1; S.I. 2007/309, art. 2, Sch.)
C2Ss. 53-55 power to apply (with modifications) or disapply conferred (E.W.) (14.3.2012) by Charities Act 2011 (c. 25), ss. 234(2)(a), 355 (with s. 20(2), Sch. 8)
C3Ss. 53-55A excluded (E.W.) (1.1.2018) by The Charitable Incorporated Organisations (Conversion) Regulations 2017 (S.I. 2017/1232), regs. 1(1), 3
Commencement Information
I1S. 53 in force at 1.7.2005 by S.I. 2004/3322, art. 2(3), Sch. 3