# Companies (Audit, Investigations and Community Enterprise) Act 2004, Section 26: Community interest companies


(1) There is to be a new type of company to be known as the community interest company.
(2) In accordance with this Part—
(a) a company limited by shares or a company limited by guarantee and not having a share capital may be formed as or become a community interest company, and
(b) a company limited by guarantee and having a share capital may become a community interest company.
(3) A community interest company established for charitable purposes is to be treated as not being so established and accordingly—
(a) is not an English charity or a Northern Ireland charity, and
(b) must not be entered in the Scottish Charity Register.

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Source: https://www.legislation.gov.uk/ukpga/2004/27/section/26 (the official version)
Page: https://openlegislation.uk/companies-audit-investigations-and-community-enterprise-act-2004/section-26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.