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Charities Act 2011
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205Nature
(1)A CIO is a body corporate.
(2)A CIO must have—
(a)a constitution;
(b)a principal office, which must be in England or in Wales;
(c)one or more members.
(3)The members may be—
(a)not liable to contribute to the assets of the CIO if it is wound up, or
(b)liable to do so up to a maximum amount each.
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