PART 11CHARITABLE INCORPORATED ORGANISATIONS
Nature and constitution
106Constitution
1
A CIO's constitution shall state—
a
its name,
b
its purposes, and
c
whether or not its members are liable to contribute to its assets if it is wound up, and (if they are) up to what amount.
2
A CIO's constitution shall make provision—
a
about who is eligible for membership, and how a person becomes a member,
b
about the appointment of one or more persons who are to be charity trustees of the CIO, and about any conditions of eligibility for appointment, and
c
containing directions about the application of property of the CIO on its dissolution.
3
A CIO's constitution shall also provide for such other matters, and comply with such requirements, as are specified in regulations made by the Department.
4
A CIO's constitution shall be in the form specified in regulations made by the Commission, or as near to that form as the circumstances admit.
5
Subject to anything in a CIO's constitution: a charity trustee of the CIO may, but need not, be a member of it; a member of the CIO may, but need not, be one of its charity trustees; and those who are members of the CIO and those who are its charity trustees may, but need not, be identical.