Small and Medium Sized Co-operative Development Bill 2016-17
Progress of the Bill
Bill started in the House of Commons
- House of Commons
- House of Lords
- Royal Assent
- 1st reading: House of Commons 8 November, 2016 | 08.11.2016
This Bill is being prepared for publication.
Latest news on the Small and Medium Sized Co-operative Development Bill 2016-17
This Bill has been dropped by its sponsoring MP and will not progress any further.
This Bill was expected to have its second reading on Friday 3 February 2017. The Bill had its first reading on 8 November 2016 through the 10 Minute Rule procedure.
If you require any further information about the Bill then please contact the sponsoring MP Mr Adrian Bailey.
Summary of the Small and Medium Sized Co-operative Development Bill 2016-17A bill to remove the requirement for small co-operative societies to appoint lay auditors; to increase the threshold for co-operative societies to disapply the full audit requirement to the same level as PLCs; to require auditors to report contingent on a threshold of share capital instead of turnover or on a special resolution at a general meeting; and for connected purposes.
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