The Community Interest Company (Amendment) Regulations 2012
| Jurisdiction | UK Non-devolved |
| Citation | SI 2012/2335 |
| Year | 2012 |
2012 No. 2335
Companies
The Community Interest Company (Amendment) Regulations 2012
Made 10th September 2012
Coming into force 1st October 2012
The Secretary of State, in exercise of the powers conferred by sections 34(2) and (3)(c) and 62(2) of the Companies (Audit, Investigations and Community Enterprise) Act 20041, makes the following Regulations.
In accordance with section 62(4) and (5)2of that Act, a draft of this Instrument was laid before Parliament and approved by a resolution of each House of Parliament.
Citation and commencement
1. These Regulations may be cited as the Community Interest Company (Amendment) Regulations 2012 and come into force on 1st October 2012.
Community interest company report
2.—(1) The Community Interest Company Regulations 20053are amended as follows.
(2) In regulation 29 omit “sections 441 to 448 and 451 to 453 (filing obligations);”.
(3) After regulation 29 insert—
“Delivery of community interest company report to the registrar of companies
29A.—(1) The directors of a community interest company must deliver to the registrar of companies for each financial year a copy of the community interest company report.
(2) For these purposes, sections 441 to 443, 445(1) and (5), 446(1) and (3), 447(1) and (3) and 451 to 453 of the 2006 Act4apply to a community interest company report as they apply to a directors’ report.
(3) Sections 444(1) and (6) and 444A(1) and (3)5apply to a community interest company report as they apply to a directors’ report with the following modifications—
(a)
(a) section 444(1) has effect as if the directors of a community interest company subject to the small companies regime must deliver a copy of the community interest company report for each financial year to the registrar; and
(b)
(b) section 444A(1) has effect as if the directors of a community interest company which is entitled to the small companies exemption in relation to the directors’ report for a financial year must deliver a copy of the community interest company report for that year to the registrar.”.
Transitional Provision
3. Regulation 2 applies to community interest company reports for financial years ending on or after 1st October 2012.
Jo Swinson
Parliamentary Under Secretary of State for Employment Relations and Consumer Affairs
Department for Business, Innovation...
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