✓ Passed into LawLords
UK Parliament · Bill
Co-operative and Community Benefit Societies Act
Summary
This Act sets out the legal framework for how co-operatives and community benefit societies (businesses owned and run by their members for shared benefit) must be registered, managed, and operated in the UK. It ensures these organisations follow proper rules to protect members' money and interests.
A vote to support means
- —Supporting this Act means backing rules that help co-operatives and community benefit societies operate fairly and legally. These are organisations owned by members who share profits and decision-making, so the Act protects members' interests and allows these groups to do good work in their communities.
A vote to oppose means
- —Critics might worry that the rules are too strict or complicated for small community groups, making it hard for them to register and operate. Some may also be concerned that the regulations don't go far enough to prevent misuse of these societies' funds.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Bill Passage
Commons
- 1st reading11 Mar 2014
- 2nd reading17 Mar 2014
- 3rd reading17 Mar 2014
Lords
- 1st reading18 Dec 2013
- 2nd reading13 Jan 2014
- 3rd reading11 Mar 2014
Royal Assent14 May 2014
Full Bill Description(click to expand)
No description available