The Community Benefit Societies (Restriction on Use of Assets) Regulations 2006

These Regulations, which are made under section 1 of the Co-operatives and Community Benefit Societies Act 2003 (c. 15), enable certain community benefit societies to ensure, by means of a special rule, that their assets are only used for a purpose that is for the benefit of the community or for other limited purposes.

Author: Gillian Merron and Tom Watson, Two of the Lords Commissioners of Her Majesty’s Treasury

Last modified: 2010-07-16