Explanatory Notes

Charities and Trustee Investment (Scotland) Act 2005

2005 asp 10

14 July 2005

Commentary on Parts

Part 1: Charities

Chapter 7 – Scottish charitable incorporated organisations
Creation of SCIO and entry in Register

67.Section 54 sets out the procedure for application for registration of a SCIO. These provisions are similar to those for an application to be on the Register, with specific requirements relating to a SCIO. The effect of registration (section 55) is that on entry to the register as a SCIO, the body becomes a body corporate as described in the application. If a SCIO ceases to be a charity, it also ceases to be a SCIO.