228 Application for conversion by charitable company

Chapter 4
Conversion, Amalgamation and Transfer

Conversion of certain bodies to CIO

228  Application for conversion by charitable company

(1)     A charitable company may apply to the Commission to be converted into a CIO, and for the CIO's registration as a charity, in accordance with this section.

(2)     But such an application may not be made by—

(a)     a company having a share capital if any of the shares are not fully paid up, or

(b)     an exempt charity.

(3)     The company must supply the Commission

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