Part 11

Charitable incorporated organisations (CIOs)
CHAPTER 4

Conversion, amalgamation and transfer

Conversion of certain bodies to CIO

Provisional and final registration of converting body
232
1
If the Commission grants an application for conversion, it must—
a
register the CIO to which the application related in the register of charities, and
b
send to the appropriate registrar a copy of—
i
each of the relevant resolutions of the converting company or registered society, and
ii
the entry in the register relating to the CIO.
2
In subsection (1)(b), “the relevant resolutions” means—
a
in the case of a converting company, the resolutions referred to in section 228(3)(a) and (c), and
b
in the case of a converting society, the resolutions referred to in section 229(3)(a) and (c).
3
The registration of the CIO in the register is provisional only until the appropriate registrar cancels the registration of the company or society as required by subsection (4)(b).
4
The appropriate registrar must—
a
register the documents sent under subsection (1)(b), and
b
cancel the registration of the company in the register of companies, or of the society in the mutual societies register,
and must notify the Commission that this action has been taken.
5
The entry relating to the charity’s registration in the register must include—
a
a note that it is constituted as a CIO,
b
the date on which it became so constituted, and
c
a note of the name of the company or society which was converted into the CIO.
6
But the matters mentioned in subsections (5)(a) and (b) are to be included only when the appropriate registrar has notified the Commission as required by subsection (4).
7
A copy of the entry in the register must be sent to the charity at the principal office of the CIO.