Companies (Audit, Investigations and Community Enterprise) Act 2004
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
55 Ceasing to be a community interest company and becoming a charity: decision by Regulator
(1) The Regulator must decide whether the company is eligible to cease being a community interest company. (2) A company is eligible to cease being a community interest company if it has complied with sections 54 and 54C and none of the following applies— (a) the Regulator has under section 43 appointed an auditor to audit the company’s annual accounts and the audit has not been completed, (b) civil proceedings instituted by the Regulator in the name of the company under section 44 have not been determined or discontinued, (c) a director of the company holds office by virtue of an order under section 45, (d) a director of the company is suspended under section 46(3), (e) there is a manager in respect of the property and affairs of the company appointed under section 47, (f) the Official Property Holder holds property as trustee for the company, (g) an order under section 48(2) or (3) is in force in relation to the company, (h) a petition has been presented for the company to be wound up. (3) The Regulator must give notice of the decision to the registrar of companies (but the registrar is not required to record it).
55 Ceasing to be a community interest company and becoming a charity: decision by Regulator
(1) The Regulator must decide whether the company is eligible to cease being a community interest company. (2) A company is eligible to cease being a community interest company if it has complied with sections 54 and 54C and none of the following applies— (a) the Regulator has under section 43 appointed an auditor to audit the company’s annual accounts and the audit has not been completed, (b) civil proceedings instituted by the Regulator in the name of the company under section 44 have not been determined or discontinued, (c) a director of the company holds office by virtue of an order under section 45, (d) a director of the company is suspended under section 46(3), (e) there is a manager in respect of the property and affairs of the company appointed under section 47, (f) the Official Property Holder holds property as trustee for the company, (g) an order under section 48(2) or (3) is in force in relation to the company, (h) a petition has been presented for the company to be wound up. (3) The Regulator must give notice of the decision to the registrar of companies (but the registrar is not required to record it).
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.