1.—(1) These Regulations may be cited as the Charitable Incorporated Organisations (Conversion) Regulations 2017 and come into force on 1st January 2018.
(2) In these Regulations—
“the 2004 Act” means the Companies (Audit, Investigations and Community Enterprise) Act 2004(1);
“the 2006 Act” means the Companies Act 2006(2);
“the 2011 Act” means the Charities Act 2011;
“application for CIC conversion” means an application by a CIC to be converted into a CIO under regulation 4;
“CIC” means a community interest company;
“conversion CIO” means a CIO(3) which is registered on the conversion of a company (including a CIC) into a CIO;
“provision for entrenchment” has the meaning given by regulation 15 of the Charitable Incorporated Organisations (General) Regulations 2012(4);
“registrar” means the registrar of companies within the meaning of section 1060(3) of the 2006 Act;
“the Regulator” means the Regulator of Community Interest Companies appointed under section 27 of the 2004 Act.
A CIO is a charitable incorporated organisation, which is a legal form for charities created under the Charities Act 2006 (now consolidated in the Charities Act 2011).