Legal News for UK Co-ops and Mutuals

This is a blog where brief information about developments in UK Co-op and mutual law will be reported. Readers of this blog will also find Linda Barlow's Co-operatives UK Blog at http://www.uk.coop/blogs/linda.barlow helpful. For an network of academics working on co-ops, mutuals and social enterprises visit http://blogs.kent.ac.uk/r-comuse/2012/09/welcome-to-r-comuse/

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Interested in sharing information and knowledge around legal issues for co-ops and social enterprises in the co-oplawnews blog and thoughts on random issues in the "real" blog.

Saturday, October 13, 2012

Draft Co-op Law Consolidation Bill by March 2013......?

Hot news on the great Cameron and Co-operatives UK Co-op Law consolidation project.

I have just spotted that in its Business Plan for 2012-2013 (at page 11) The Law Commission states that an aim in its consolidation programme is:
"To consolidate the legislation about co-operative and public (sic) benefit societies (previously known as industrial and provident societies)"

The milestone for this is to "Provide a draft Co-operative and Public (sic) Benefit Societies Bill to HMT by March 2013".

It is encouraging to have a publicly announced date for the provision of a draft Bill to HM Treasury. A shame that the long hallowed "community benefit" (bencom) label for one type of society became "public benefit" in this brief entry in a Business Plan. A slip of the word processor perhaps?

© Ian Snaith 2012 This work is licensed under the Creative Commons Attribution-NonCommercial-Noderivs 2.0 England and Wales Licence. To view a copy of this licence visit http://creativecommons.org/licenses/by-nc-nd/2.0/uk/ or send a letter to Creative Commons, 559 Nathan Abbott Way, Stanford, California 94305, USA

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