Co-operative and Community Benefit Societies and Credit Unions Bill
To make provision for societies to be registered as co-operative or community benefit societies and to re-name the Industrial and Provident Societies Acts; to apply to registered societies the provisions relating to directors’ disqualification and to make provision for the application of certain other enactments relating to companies; to confer power to make provision for credit unions corresponding to any provision applying to building societies; and for connected purposes.
The purpose of the Bill is to reform the law governing industrial and provident societies.
Key areas
- Requires new industrial and provident societies other than credit unions to be registered as co-operative or community benefit societies
- Renames the Industrial and Provident Societies Acts
- Applies the Company Directors Disqualification Act 1986 to industrial and provident societies
- Gives the Treasury powers to apply company law on investigation of companies, company names and dissolution and restoration to the register to industrial and provident societies
- Gives the Treasury powers to make provisions for credit unions corresponding to provisions applying to building societies.
Last fetched 25 Apr 2026 · parliament.uk
Progress through Parliament7 stages recorded
Commons
1st reading
21 Jan 2009
Commons
2nd reading
24 Apr 2009
Commons
Committee stage
10 Jun 2009
Commons
Report stage
12 Jun 2009
Commons
3rd reading
12 Jun 2009
Lords
1st reading
15 Jun 2009
Lords
2nd reading
10 Jul 2009
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