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These Regulations amend the Charitable Incorporated Organisations (Notification Requirements: Social Housing) Regulations 2023 (S.I. 2023/1311) (“the principal Regulations”) which make provision related to certain constitutional and other business changes of private registered providers of social housing that are charitable incorporated organisations (“CIOs”), that wish to become CIOs, or that enter into transactions that involve CIOs. They are made to clarify the drafting of two provisions in regulation 4 of the principal Regulations.
Regulation 4 of the principal Regulations imposes on a private registered provider of social housing that is a charitable company or community interest company two requirements: (i) to notify the Regulator of Social Housing if it passes a relevant resolution to convert into a CIO; and (ii) to supply the Charity Commission for England and Wales (“the Charity Commission”) with a statement confirming that the Regulator has been so notified when they apply to the Charity Commission to be converted into a CIO and for the CIO’s registration as a charity.
Regulation 2(a) of these Regulations substitutes the defined term “relevant PRP” for the term “relevant company” in regulation 4(2) of the principal Regulations, which relates to the supply of the statement mentioned above to the Charity Commission.
Regulation 2(b) of these Regulations clarifies the meaning of a “relevant resolution” in the case of a community interest company in regulation 4(4) of the principal Regulations.
A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sector is foreseen.
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