Industrial and Provident Societies Act 2002
GPTKB entity
Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
legislation
|
| gptkbp:allows |
formation of community benefit societies
societies to borrow money societies to create subsidiary companies societies to distribute profits to members societies to engage in trading activities societies to enter into contracts. societies to issue withdrawable shares |
| gptkbp:amends |
Co-operative_and_Community_Benefit_Societies_Act_2014
|
| gptkbp:appliesTo |
industrial and provident societies
|
| gptkbp:defines |
community benefit society
community purpose of societies rules for member voting rights rules for society financial year end rules for society membership eligibility |
| gptkbp:enables |
dissolution of societies under certain conditions
|
| gptkbp:enactedBy |
gptkb:Parliament_of_the_United_Kingdom
gptkb:Industrial_and_Provident_Societies_Act_1965 |
| gptkbp:established |
registration process for societies
provisions for mergers of societies provisions for society name changes rules for distribution of assets upon dissolution rules for society dissolution process |
| gptkbp:facilitates |
member participation in decision making
|
| https://www.w3.org/2000/01/rdf-schema#label |
Industrial and Provident Societies Act 2002
|
| gptkbp:mandates |
compliance with health and safety regulations
audit requirements for larger societies financial transparency for societies notification of changes to society rules provisions for conflict of interest policies |
| gptkbp:promotes |
co-operative principles
|
| gptkbp:provides |
framework for society accountability
framework for society governance guidelines for society fundraising activities guidelines for society investments guidelines for society names protection for members' interests provisions for member expulsion rules for governance of societies |
| gptkbp:requires |
annual returns from societies
societies to have a governing document societies to have a registered office societies to hold annual general meetings societies to keep accounting records societies to maintain a register of members societies_to_report_to_the_Financial_Conduct_Authority |
| gptkbp:sets |
minimum membership requirements
rules for share capital |
| gptkbp:yearEstablished |
2002-07-01
|