Prospective
120 Section 123 (power to transfer all property of unincorporated charity) applies with the omission of paragraph (a) of subsection (1) in relation to a resolution by the charity trustees of a charity to transfer all its property to a CIO or to divide its property between two or more CIOs.
121 The provisions of Schedule 7 shall have effect with respect to CIOs.
122—(1) The Department may by regulations make further provision about applications for registration of CIOs, the administration of CIOs, the conversion of charitable companies, registered societies and community interest companies into CIOs, the amalgamation of CIOs, and in relation to CIOs generally.
(2) The regulations may, in particular, make provision about—
(a)the execution of deeds and documents,
(b)the electronic communication of messages or documents relevant to a CIO or to any dealing with the Commission in relation to one,
(c)the maintenance of registers of members and of charity trustees,
(d)the maintenance of other registers (for example, a register of charges over the CIO's assets).
(3) The regulations may, in relation to charities constituted as CIOs—
(a)disapply any of sections 16 to 18,
(b)modify the application of any of those sections in ways specified in the regulations.
(4) Subsections (3) and (4) of section 119 apply for the purposes of this section as they apply for the purposes of that section.