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Constitution guidance


Please note that if you choose not to use any of the model Memorandum and Articles of Association please can you ensure that:

The company name ends with the expression "CIC", "Community Interest Company", "Community Interest Public Limited Company", "Community Interest PLC", or if you have a registered office in Wales you can use the Welsh prescribed equivalents of cwmni buddiant cymunedol', 'c.b.c', 'cwmni buddiant cymunedol cyhoeddus cyfyngedig' or 'cwmni buddiant cymunedol c.c.c.

The articles of association state that the company is to be a community interest company.

If you are a company limited by guarantee without shares your articles of association must comply with schedule 1 from the Community Interest Company Regulations 2005, referring to the 'asset lock', membership, voting rights, and director's voting rights, appointment and removal.

If you are a company limited by guarantee with a share capital, or company limited by shares and will only pay dividends to asset-locked bodies, your articles of association must comply with schedule 2 from the Community Interest Company Regulations 2005, referring to the 'asset-lock', transfer of shares, membership, and director's voting rights, appointment and removal.

If you are a company limited by guarantee with a share capital, or company limited by shares and will pay dividends to shareholders, your articles of association must comply with schedule 3 from the Community Interest Company Regulations 2005, referring to the 'asset lock', transfer of shares, voting rights, and director's voting rights, appointment and removal.

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