- Easing the burden—converting to a CIO
- Why does the government want to create a route for charitable companies and community interest companies to convert to charitable CIOs?
- What are the benefits/drawbacks of the CIO structure?
- What would any conversion mean for the charity in practical terms?
- How is this consultation likely to be received by the charitable sector?
Private Client analysis: Will the government’s long-awaited proposals make converting to a charitable incorporated organisation (CIO) a more attractive option for charitable companies and community interest companies (CIC)? Nick Burrows, partner and head of the charity and education team at Blandy & Blandy Solicitors, and Amber Knight, trainee, explain the advantages and disadvantages of the CIO structure.
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