{
  "url": "https://openlegislation.uk/draft-community-interest-company-regulations-2005/regulation-32",
  "json_url": "https://openlegislation.uk/draft-community-interest-company-regulations-2005/regulation-32.json",
  "legislation": "ukdsi/2005/0110726251",
  "legislation_title": "The Community Interest Company Regulations 2005",
  "legislation_url": "https://openlegislation.uk/draft-community-interest-company-regulations-2005",
  "path": "regulation/32",
  "kind": "regulation",
  "number": "32",
  "heading": "Failure and removal",
  "text": "(1) Where—\n(a) it appears to the Regulator that a manager has failed—\n(i) to give security within such time or in such form as the Regulator has specified; or\n(ii) satisfactorily to discharge any function imposed on the manager by or by virtue of the order by which the manager was appointed or by regulation 33; and\n(b) the Regulator wishes to consider exercising his powers under regulation 30(3) or paragraph (3) of this regulation,\nthe Regulator shall give the manager, whether in person or by post, a written notice complying with paragraph (2).\n(2) A notice given to a manager under paragraph (1) shall inform the manager of—\n(a) any failure under paragraph (1)(a) in respect of which the notice is issued;\n(b) the Regulator’s power under regulation 30(3) to authorise the disallowance of any amount of remuneration if satisfied as to any such failure;\n(c) the Regulator’s power under paragraph (3) to remove the manager if satisfied as to any such failure; and\n(d) the manager’s right to make representations to the Regulator in respect of any such alleged failure within such reasonable time as is specified in the notice.\n(3) The Regulator may remove a manager (whether or not he also exercises the power conferred by regulation 30(3)) if—\n(a) the time specified in the notice referred to in paragraph (2) has expired; and\n(b) the Regulator—\n(i) has considered such representations, if any, as are duly made in response to such a notice; and\n(ii) is satisfied that the manager has failed in such manner as is set out in paragraph (1)(a)(i) or (ii) and specified in such notice.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2005/0110726251/regulation/32",
    "retrieved_at": "2026-10-30T15:22:24.159002+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}