Co-operatives and Community Benefit Societies Act 2003

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  Explanatory Notes

  Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.

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Please note:

All reference to 'Parts' and 'sections' are from the Co-operatives and Community Benefit Societies Act 2003. For other versions of these Explanatory Notes, see More Resources.

1. Introduction

2. Background and Summary

3. Expand +/Collapse -

   Commentary on Sections

   1. Section 1:  Community benefit societies: power to restrict use of assets

   2. Section 2: Status of charitable societies to appear on correspondence etc

   3. Section 3: Capacity of society and power of committee to bind it

   4. Section 4: Purported contracts, deeds and obligations

   5. Section 5: Execution of deeds and other documents

   6. Sections 6, 8 and 9: Interpretation, Channel Islands, Short Title and extent

4. Commencement

5. Hansard References

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