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Community Interest Companies

Volume 412: debated on Friday 11 April 2003

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To ask the Secretary of State for Trade and Industry when she plans to introduce legislation to bring into effect Community Interest Companies as proposed in the Cabinet Office's strategy unit review. [107135]

A joint DTI/HM Treasury/ Home Office consultation document on proposals for a Community Interest Company (CIC) was published on 26 March. Copies have been placed in the Libraries of the Houses and on the DTI website. We welcome views on all aspects of the proposals outlined in the paper by Wednesday 18 June. Following the end of the consultation, there will be legislation as soon as parliamentary time allows.