Guidance

Community interest companies: information for funding organisations

An introduction to community interest companies (CICs) for funding organisations, including information about assets and the asset lock.

• From: Office of the Regulator of Community Interest Companies
• Published: 2 August 2013

Documents

Frequently asked questions for funding organisations

Ref: BIS/13/782

PDF, 90.2 KB, 19 pages

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Details

This guidance provides answers to potential questions from funders, including information on:

• which sectors CICs operate in
• assets and the asset lock
• directors’ and members’ responsibilities
• the delivery of the CIC report and accounts
• the payment of remuneration or dividends
• what to do if they have a concern about a CIC

Published 2 August 2013