UK Parliament · Public Bill · No. 1380
Mutuals' Deferred Shares Act 2015
[As Introduced]
A
BILL
to
This Act allows mutual organisations to create and sell special types of shares called 'deferred shares' to raise money. These shares have limited voting rights and don't get the same benefits as regular member shares, helping mutuals finance growth while members keep main control of the organisation.
Presented by Lord Naseby
supported by Jonathan Evans.
supported by Jonathan Evans.
✓ Passed into lawPrivateLords
Official Ballot · The People's Chamber
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The people's count15 votes
100% Aye · 150% No · 0
MPs' votePassed without division
No division called, Third Reading carried on the voices.
Bill passage
Commons
- 1st reading17 Dec 2014
- 2nd reading9 Jan 2015
- Committee stage4 Feb 2015
- Report stage6 Mar 2015
- 3rd reading6 Mar 2015
Lords
- 1st reading5 Jun 2014
- 2nd reading24 Oct 2014
- Committee stage21 Nov 2014
- Report stage8 Dec 2014
- 3rd reading16 Dec 2014
Royal Assent26 Mar 2015