CANON · REGULATION / UK-CBSS-2014

UK Co-operative & Community Benefit Societies Act

DefinedTerm · Legislation

The Co-operative and Community Benefit Societies Act 2014 (UK) is the primary legislation governing cooperatives and mutual societies registered with the Financial Conduct Authority (FCA). Requires: a genuine cooperative purpose (operated for the mutual benefit of members) or community benefit purpose, registration with FCA, annual returns, and accounts. Agricultural and marketing cooperatives in the UK may also register under the Industrial and Provident Societies framework. FCA-registered cooperatives can access the UK Mutuals Public Register.

TERM CODE: uk-cbss-2014
LEGISLATION IDENTIFIER: CBSS Act 2014
LEGISLATION JURISDICTION: United Kingdom
LEGISLATION LEGAL FORCE: https://schema.org/InForce
EXTERNAL REFERENCE: https://www.legislation.gov.uk/ukpga/2014/14
ADDITIONAL PROPERTY: in-effectstatus UK cooperatives aggregating smallholder production for collective marketing must maintain FCA registration requirements. Commons3 member records and aggregated lot documentation support the annual return and audit evidence the FCA framework requires.reason commonsappliesSectors appliesTriggers appliesMaterials 4jurisdictionRank

{
  "@context": [
    "https://schema.org",
    {
      "e3": "https://economy3.org/",
      "hc": "https://holochain.org/",
      "mcp": "https://modelcontextprotocol.io/",
      "p2pShipyard": "https://github.com/darksoil-studio/p2p-shipyard#",
      "skos": "http://www.w3.org/2004/02/skos/core#"
    }
  ],
  "@type": [
    "DefinedTerm",
    "Legislation"
  ],
  "@id": "https://economy3.org/regulation/uk-cbss-2014",
  "name": "UK Co-operative & Community Benefit Societies Act",
  "termCode": "uk-cbss-2014",
  "description": "The Co-operative and Community Benefit Societies Act 2014 (UK) is the primary legislation governing cooperatives and mutual societies registered with the Financial Conduct Authority (FCA). Requires: a genuine cooperative purpose (operated for the mutual benefit of members) or community benefit purpose, registration with FCA, annual returns, and accounts. Agricultural and marketing cooperatives in the UK may also register under the Industrial and Provident Societies framework. FCA-registered cooperatives can access the UK Mutuals Public Register.",
  "legislationIdentifier": "CBSS Act 2014",
  "legislationJurisdiction": "United Kingdom",
  "legislationLegalForce": "https://schema.org/InForce",
  "sameAs": "https://www.legislation.gov.uk/ukpga/2014/14",
  "additionalProperty": [
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/status",
      "name": "status",
      "value": "in-effect"
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/reason",
      "name": "reason",
      "value": "UK cooperatives aggregating smallholder production for collective marketing must maintain FCA registration requirements. Commons3 member records and aggregated lot documentation support the annual return and audit evidence the FCA framework requires."
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/appliesSectors",
      "name": "appliesSectors",
      "value": "commons"
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/appliesTriggers",
      "name": "appliesTriggers",
      "value": ""
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/appliesMaterials",
      "name": "appliesMaterials",
      "value": ""
    },
    {
      "@type": "PropertyValue",
      "propertyID": "https://economy3.org/regulation/jurisdictionRank",
      "name": "jurisdictionRank",
      "value": "4"
    }
  ]
}