Part 11Charitable incorporated organisations (CIOs)
CHAPTER 4Conversion, amalgamation and transfer
Conversion of certain bodies to CIO
229Application for conversion by registered society
1
A charity which is a registered society may apply to the Commission to be converted into a CIO, and for the CIO's registration as a charity, in accordance with this section.
“Registered society” has the same meaning as in F1the Co-operative and Community Benefit Societies Act 2014.
2
But such an application may not be made by—
a
a registered society having a share capital if any of the shares are not fully paid up, or
b
an exempt charity.
3
The registered society must supply the Commission with—
a
a copy of a resolution of the registered society that it be converted into a CIO,
b
a copy of the proposed constitution of the CIO,
c
a copy of a resolution of the registered society adopting the proposed constitution of the CIO,
d
such other documents or information as may be prescribed by CIO regulations, and
e
such other documents or information as the Commission may require for the purposes of the application.
4
The resolution referred to in subsection (3)(a) must be—
a
a special resolution of the registered society, or
b
a unanimous written resolution signed by or on behalf of all the members of the registered society who would be entitled to vote on a special resolution.
5
In subsection (4), “special resolution” has the meaning given in F2section 113 of the Co-operative and Community Benefit Societies Act 2014.