Statutory Instruments
Co-operative Societies
Community Benefit Societies
Credit Unions
Made
30th January 2014
The Treasury, in exercise of the powers conferred by section 8(2) of the Co-operative and Community Benefit Societies and Credit Unions Act 2010(1), make the following Order:
1. This Order may be cited as the Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Commencement No. 2) Order 2014.
2. Section 3 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010 comes into force on 6th April 2014.
3. Section 1 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010 comes into force on 1st August 2014.
David Evennett
Karen Bradley
Two of the Lords Commissioners of Her Majesty’s Treasury
30th January 2014
(This note is not part of the Order)
This Order brings section 3 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010 (c.7) (the “2010 Act”) into force on 6th April 2014 and section 1 of the 2010 Act into force on 1st August 2014. Section 1 requires that in future societies to be registered under section 1 of the Industrial and Provident Societies Act 1965 (c.12) must be either registered as co-operative societies or as community benefit societies. Section 3 applies the Company Directors Disqualification Act 1986 (c.46) to societies registered or deemed to be registered under the Industrial and Provident Societies Act 1965.
(This note is not part of the Order)
The following provisions of the 2010 Act have been brought into force by commencement order made before the date of this Order:
| Provision | Date of Commencement | S.I. No. |
|---|---|---|
| Section 4 | 1st December 2013 | S.I. 2013/2936 |
| Section 5 | 1st December 2013 | S.I. 2013/2936 |
| Section 6 | 1st December 2013 | S.I. 2013/2936 |
| Section 7 | 1st December 2013 | S.I. 2013/2936 |