Briefing on Law Commission CCBS Act 2014 consultation

Posted Thursday 5th December by Admin User

An SFHA briefing on the Law Commission's consultation on proposed reforms to the Co-operative and Community Benefits Societies Act 2014 is now available.  This note will form the basis of our response to the consultation (due 10 Dec) and will be discussed with the SFHA Governance Forum on Thursday 5 December. 

Appears in:

Governance
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The briefing note was informed by analysis of the consultation paper by TC Young, and pulls out the aspects of the consultation paper most relevant to our sector.  This includes proposals to: amend the definitions of both Co-operatives and Community Benefits Societies; to require all GBMs to be subject to the directors' duties in the Companies Act 2006; and to publish the names of officers in the Mutual Public Register.

If you have any queries regarding the briefing please contact Alan Stokes, Policy Lead