Part 2Community interest companies
Becoming a community interest company
F136B.Formation as community interest company: implementation of decision on eligibility
(1)
If the Regulator decides that the company is eligible to be formed as a community interest company, the registrar of companies must—
(a)
proceed in accordance with sections 14 and 15 of the Companies Act 2006 (registration and issue of certificate of incorporation), and
(b)
if the company is entered on the register, retain and record the prescribed formation documents.
(2)
The certificate of incorporation must state that the company is a community interest company and is conclusive evidence that the company is a community interest company.
(3)
If the Regulator decides that the company is not eligible to be formed as a community interest company, any subscriber to the memorandum of association may appeal to the Appeal Officer against the decision.