I’ve cut and pasted the announcement below
Important information – please note:
As you may be aware, on 23 November, the Draft Charitable Incorporated Organisations (Consequential Amendments) Order 2017 cleared the final stage of Parliamentary approval, after the order was passed unanimously through a Commons Statutory Instrument committee. A full copy of the Charitable Incorporated Organisations (Consequential Amendments) Order 2017 can be found via the following link:
The order is part of a package of regulations that make provision for charitable companies and Community Interest Companies (CICs) to convert to Charitable Incorporated Organisations (CIOs).
Charitable companies with an income under £12,500 will be able to begin the conversion process from January 2018, with all charitable companies expected to be able to convert by August.
The programme of work enabling a Community Interest Company (CIC) to become a CIO (subject to meeting the requirements of charitable status) will be prepared throughout 2018, in readiness for launch in September. More information about this will be published on our website nearer the time.
Please also note:
From 1 January all CIOs will be included on the Company Names Index held by Companies House. This is particularly important to note if you currently have an ongoing application for registration for a new CIO under consideration by us, or are preparing to submit a new application for registration as a CIO.
Following this change in legislation, from 1 January 2018, Companies House will need to check whether a CIO’s proposed name includes “sensitive words or expressions” set out in The Company, Limited Liability Partnership and Business Names (Sensitive Words and Expressions) Regulations 2014 that require the prior approval of Companies House. These Regulations are available via the following link:
More information about the practical arrangements this will involve are included in the link (below). In the meantime, in preparation for 1 January:
- we strongly recommend that any new application to register a CIO that has a name containing a “sensitive word or expression” submitted to us on or after 1 December includes the necessary non-objection from Companies House.
- any ongoing CIO applications we are currently considering will be notified (by our team) if non-objection from Companies House needs to be obtained.
Unfortunately this may lead to delays. We apologise for this in advance.
From 1 January the Charity Commission will take a robust approach with any applications received, to register a new CIO that has a name containing a “sensitive word or expression”, that fail to attach the necessary letter of non-objection from Companies House. Such applications will be returned as incomplete.
For details about the phased implementation timetable for charitable company conversions, and for more information about these important changes affecting CIOs, please follow the link:
Thank you for your attention.
Head of Registration
Hi John. Thanks for that – REALLY interesting. I didn’t know that was being introduced, although understood there are limitations to organisations changing legal status.
It certainly seems as though this will make things easier, and it will also be interesting to see these organisations listed at Companies House.