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E-raamat: Law and Regulation of Community Interest Companies

(Director of Premier Practice)
  • Formaat: 504 pages
  • Ilmumisaeg: 05-Sep-2022
  • Kirjastus: Bloomsbury Professional
  • Keel: eng
  • ISBN-13: 9781526522771
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  • Formaat: 504 pages
  • Ilmumisaeg: 05-Sep-2022
  • Kirjastus: Bloomsbury Professional
  • Keel: eng
  • ISBN-13: 9781526522771
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This new title provides a full analysis of the legislative and regulatory background of community interest companies and is a guide to all six CIC precedents:

1. CIC model constitution: company limited by guarantee with a small membership 2. CIC model constitution: company limited by guarantee with a large membership 3. CIC model constitution: private schedule 2 company limited by shares with a small membership 4. CIC model constitution: private schedule 2 company limited by shares with a large membership 5. CIC model constitution: private schedule 3 company limited by shares with a small membership 6. CIC model constitution: private schedule 3 company limited by shares with a large membership

The precedents are fully annotated to provide guidance on each article, together with bespoke clauses that may be included for specific events.It also uses case examples to demonstrate:

how to create or convert to a CIC the reporting requirements with Companies House and the CIC regulator

Armed with this text any solicitor, barrister or accountant will have the tools to confidently advise clients on the legislative and regulatory background of CICs. This text would also suit community bodies or individuals who wish to set up a social enterprise using the CIC structure, in particular, sports clubs or voluntary groups.

This title is included in Bloomsbury Professional's Company and Commercial Law online service.

Muu info

Law and Regulation of Community Interest Companies provides a full analysis of the legislative and regulatory background of community interest companies and is a guide to all six CIC precedents, fully annotated to provide guidance on each article, together with bespoke clauses that may be included for specific events.
Downloadable Precedents 413
Table of Statutes
vii
Table of Statutory Instruments
xiii
Table of Cases
xvii
Chapter 1 Introduction to Community Interest Companies
1(24)
Overview
1(6)
Therole of CICs
7(3)
Excluded companies
10(3)
CIC names
13(1)
CIC versus charity structure
14(1)
Registered societies
15(1)
Taxation of CICs
16(1)
Legal structure
17(1)
Constitution overview
18(6)
Key points
24(1)
Chapter 2 Legal Background of Community Interest Companies
25(6)
The CIC Regulations
25(4)
Three Amendment Regulations
29(2)
Chapter 3 Regulation of Community Interest Companies
31(24)
Legislative background
31(1)
Companies (Audit, Investigations and Community Enterprise) Act 2004
31(3)
The Regulator's approach
34(3)
Supervision by the Regulator
37(1)
Investigations
38(9)
Appeals
47(4)
Corporate governance
51(3)
Regulations
54(1)
Chapter 4 Overview of Community Interest Companies
55(22)
Legal company structures
55(1)
Unincorporated forms, sole traders and partnerships
55(2)
Process of incorporation
57(4)
Forming a CIC
61(3)
Company becoming a CIC
64(3)
Conversion to a CIC
67(1)
CIC becoming a charity
68(5)
Financing
73(1)
Loan capital and debentures
74(3)
Chapter 5 Reporting
77(14)
Introduction
77(2)
Directors' remuneration
79(4)
Winding up
83(1)
Insolvency Act 1986
84(3)
Transfer of assets
87(4)
Chapter 6A Articles of Association
91(10)
Introduction
91(5)
Asset-lock provisions
96(1)
Alteration of objects
97(1)
The Regulator's decision
97(4)
Chapter 6B Model Articles for Private Companies Limited by Shares
101(72)
Introduction
101(1)
Model Articles for Private Companies Limited by Shares
101(72)
Chapter 6C Articles of Association for Not for Profit Companies
173(24)
General comments
173(1)
Key changes
173(1)
Drafting assumptions
173(1)
Boiler plate clauses
174(3)
Model Articles for Private Companies Limited by Guarantee
177(20)
Chapter 7 Asset Lock
197(14)
Introduction
197(3)
Declaration of dividends
200(11)
PRECEDENTS
Chapter 8.0 Community Interest Company Limited by Guarantee (CIC Limited by Guarantee, Schedule 1, Small Membership)
211(24)
Chapter 8.1 Community Interest Company Limited by Guarantee (CIC Limited by Guarantee, Schedule 1, Large Membership)
235(30)
Chapter 8.2 Community Interest Company Limited by Shares (CIC Limited by Shares, Schedule 2, Small Membership)
265(30)
Chapter 8.3 Community Interest Company Limited by Shares (CIC Limited by Shares, Schedule 2, Large Membership)
295(38)
Chapter 8.4 Community Interest Company Limited by Shares (CIC Limited by Shares, Schedule 3, Small Membership)
333(32)
Chapter 8.5 Community Interest Company Limited by Shares (CIC Limited by Shares, Schedule 3, Large Membership)
365(40)
Index 405
Richard C Bishop has been involved financial services for over 20 years, working with property owners, wealthy families and SME's advising on tax mitigation and estate planning.

He is lecturer in finance in the Centre for Tourism and Hospitality Management at Leeds Beckett University. He is regarded as a leading writer and researcher on the subject of company constitutions and has in addition authored Articles of Association: Guidance and Precedents also published by Bloomsbury Professional.

He has also written as columnist for the FT Adviser, Money Marketing and Professional Adviser.