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The Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Commencement No. 2) Order 2014

S.I. 2014/183 · Made 30 January 2014

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

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 2010f1, make the following Order:

Annotations to the whole text

Footnotes

f1

2010 c.7.

Contents

  1. 1Citation
  2. 2Provision coming into force on 6th April 2014
  3. 3Provision coming into force on 1st August 2014
  4. Signature
  5. Explanatory note

1Citation

This Order may be cited as the Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Commencement No. 2) Order 2014.

2Provision coming into force on 6th April 2014

Section 3 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010 comes into force on 6th April 2014.

3Provision coming into force on 1st August 2014

Section 1 of the Co-operative and Community Benefit Societies and Credit Unions Act 2010 comes into force on 1st August 2014.

Signature

David Evennett

Karen Bradley

Two of the Lords Commissioners of Her Majesty’s Treasury

30th January 2014

Explanatory note

(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.