Response to the consultation on a new Charitable Incorporated Organisation
A joint response to the consultation on plans for a new type of incorporated charity structure was today published by The Office of the Third Sector in the Cabinet Office and the Charity Commission. The Charitable Incorporated Organisation (CIO) will be the first incorporated legal structure designed specifically with the needs of charities in mind. It will be an entirely new type of charity structure that will provide charity trustees with protections and responsibilities similar to those given to directors of limited companies.
Responding to the consultation on how the CIO will work, the Government and the Charity Commission have agreed to make a number of important changes to initial proposals
http://www.charitycommission.gov.uk/news/prcio.asp
