On 6 September 2011 09:52, Gordon Joly <gordon.joly(a)pobox.com> wrote:
I assume that most Members are likely to support these
type of changes,
for a smooth passage.... LOOKING GOOD!
I agree, I don't anticipate any real controversy.
Interesting to read that a change of objects (company
"rules") is
needed, when I assumed that the company limited by guarantee (WMUK) was
formed to allow a quick and painless transition to registered charity
status.
The objects are just one tiny bit of the rules. It's the bit that says
what the purpose of the company is. I don't believe any of the
procedural stuff is changing.
You may also recall that I suggested a while back that
the company could
be formed as a registered charity at inception.... but reflecting I
recall that that path was delayed by the law not being enacted (although
it was in a Bill?).
I will have to look that up....
"Charitable Incorporated Organisation (CIO)" is what it was going to
be called, if memory serves. The law was passed, but it hadn't come
into force last time I checked. They were still going through various
consultation processes to work out the details. I haven't checked
recently, though. It was supposed to be done in such as way that it
would be easy to transition from a Company Limited by Guarantee to a
CIO, so if it has/does come into force, it is still an option. It
would reduce the amount of paperwork, primarily (you only need to file
with the Charity Commission, not the Charity Commission and Companies
House).
Being a CIO wouldn't make it any easier to get Charity Commission
approval, as far as I know. It might well mean you can't do anything
until you get it, though, which would be a bit of a problem!