To install click the Add extension button. That's it.

The source code for the WIKI 2 extension is being checked by specialists of the Mozilla Foundation, Google, and Apple. You could also do it yourself at any point in time.

Kelly Slayton
Congratulations on this excellent venture… what a great idea!
Alexander Grigorievskiy
I use WIKI 2 every day and almost forgot how the original Wikipedia looks like.
Live Statistics
English Articles
Improved in 24 Hours
Added in 24 Hours
What we do. Every page goes through several hundred of perfecting techniques; in live mode. Quite the same Wikipedia. Just better.

Charitable incorporated organisation

From Wikipedia, the free encyclopedia

A charitable incorporated organisation (CIO) is a new form of legal entity designed for non-profit organisations in the United Kingdom.

The main intended benefits of the new entity are that it has legal personality, the ability to conduct business in its own name, and limited liability so that its members and trustees will not have to contribute in the event of financial loss. These are already available to limited companies; charities can be formed as companies, but then they must be registered with both Companies House and the Charity Commission. In contrast, the CIO only needs to register with the Charity Commission. This is expected to reduce bureaucracy for the charity.[1]

The CIO status became available to charities in England and Wales on 4 March 2013. In Scotland, the Office of the Scottish Charity Regulator began registering Scottish Charitable Incorporated Organisations (SCIOs) in April 2011.[2]

YouTube Encyclopedic

  • 1/2
    2 354
  • Barrister Femi Daniyan Setting up a Charity org
  • Trusts Law: Unincorporated Associations (P1/4) - Intro




The idea originated with the Chief Executive of the National Council for Voluntary Organisations (NCVO), Judy Weleminsky, in 1992 and was taken forward by Lindsay Driscoll who was the Head of Legal and Governance at NCVO. A Charity Commission advisory group was set up in 2000 to look at incorporation of charities, and recommended a new form of legal entity. In 2001 the Department of Trade and Industry's company law review steering group likewise recommended a charitable incorporated organisation with a separate legal regime, as company law is aimed at the commercial sector, with corporate governance structured around the assumption that members of a company have a financial interest in it.[3]

Primary legislation to introduce the CIO as a new legal form of incorporation was included in the Charities Bill in 2004, and this aspect of the Bill was particularly welcomed by charities.[4] It was finally enacted in the Charities Act 2006.

The Charity Commission opened a consultation on draft documentation and regulations in 2008, raising a large number of difficulties and suggested improvements.[5]

The Scottish regulator began registering SCIOs in April 2011,[5] and a fifth of new Scottish charities registered by December of that year were SCIOs. To spread the workload for the regulator, existing charitable companies and industrial and provident societies were unable to convert to SCIOs until 2012; other forms of charity in Scotland were able to apply from April 2011. Implementation in England and Wales is likewise being phased, starting in January 2013 with brand new charities, followed by conversions of existing unincorporated charities according to income, to be followed by charitable companies.[6][7]

The Charity Commission in England and Wales began publishing guidance in May 2011. On 4 March 2013, for the first time, the Commission enabled an existing charity, "Challenge to Change", to convert from a charitable trust to a CIO.[8] It later reported some difficulties in transferring assets and long-term grant agreements to the new legal entity and subsequently closed due to reduced levels of funding.[9] Another charity converted but then reverted to its old status because of the cost and inconvenience of changing its registration number.[10]

See also


  1. ^ Shrifin, Tash (2 June 2004). "Q&A: what's in the draft charities bill". The Guardian. Retrieved 14 October 2011.
  2. ^ "The Scottish Charitable Incorporated Organisations (SCIOs)". Scottish Government. Retrieved 14 October 2011.
  3. ^ McCurry, Patrick (19 September 2001). "New guidelines to benefit the voluntary sector". The Guardian. Retrieved 14 October 2011.
  4. ^ FitzHerbert, Luke (21 December 2004). "All to play for". The Guardian. Retrieved 14 October 2011.
  5. ^ a b Mason, Tania (12 October 2011). "Charitable Incorporated Organisation delayed until next year". Civil Society. Retrieved 14 October 2011.
  6. ^ Office of the Scottish Charity Regulator. Retrieved 14 October 2011.
  7. ^ Young, Niki May (31 October 2012). "Hurd takes CIO legislation to Parliament". Civil Society. Retrieved 31 October 2012.
  8. ^ Ricketts, Andy (5 March 2013). "Challenge to Change is the first existing charity to use CIO legal form". Third Sector. Retrieved 17 November 2014.
  9. ^ "Closure of Challenge to Change". Challenge to Change. 5 December 2014. Retrieved 2 March 2015.
  10. ^ Mason, Tania (31 May 2013). "New CIO applies to revert to charity status". Civil Society.

External links

This page was last edited on 14 November 2017, at 13:40
Basis of this page is in Wikipedia. Text is available under the CC BY-SA 3.0 Unported License. Non-text media are available under their specified licenses. Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. WIKI 2 is an independent company and has no affiliation with Wikimedia Foundation.