1.6 Public Benefit - Revision history

Jacky at 07:58, 11 August 2024

2024-08-11T07:58:04Z

← Older revision		Revision as of 07:58, 11 August 2024
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	Unlike registered charities, community benefit registered societies such as Freegle have to benefit the community. The Co-operative and Community Benefit Societies Act 2014 doesn’t define what ‘community benefit is, but the FCA offers this interpretation:		Unlike registered charities, community benefit registered societies such as Freegle have to benefit the community. The Co-operative and Community Benefit Societies Act 2014 doesn’t define what ‘community benefit is, but the FCA offers this interpretation:

	''“A community benefit society must be carrying on an ‘industry, business or trade’. That business industry or trade must be ‘being, or intended to be, conducted for the benefit of the community’. This is the condition for registration.”''		''“A community benefit society must be carrying on an ‘industry, business or trade’. That business, industry or trade must be ‘being, or intended to be, conducted for the benefit of the community’. This is the condition for registration.”''

Jacky at 13:27, 10 August 2024

2024-08-10T13:27:24Z

← Older revision		Revision as of 13:27, 10 August 2024
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	Link: [[Director Handbook]]		Link: [[Director Handbook]]

	[[category: Introduction to Freegle]]		[[category:1.Introduction to Freegle]]

Jacky: Created page with "Unlike registered charities, community benefit registered societies such as Freegle have to benefit the community. The Co-operative and Community Benefit Societies Act 2014 doesn’t define what ‘community benefit is, but the FCA offers this interpretation: ''“A community benefit society must be carrying on an ‘industry, business or trade’. That business industry or trade must be ‘being, or intended to be, conducted for the benefit of the community’. This..."

2024-08-10T12:54:37Z

Created page with "Unlike registered charities, community benefit registered societies such as Freegle have to benefit the community. The Co-operative and Community Benefit Societies Act 2014 doesn’t define what ‘community benefit is, but the FCA offers this interpretation: ''“A community benefit society must be carrying on an ‘industry, business or trade’. That business industry or trade must be ‘being, or intended to be, conducted for the benefit of the community’. This..."

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Unlike registered charities, community benefit registered societies such as Freegle have to benefit the community. The Co-operative and Community Benefit Societies Act 2014 doesn’t define what ‘community benefit is, but the FCA offers this interpretation:

''“A community benefit society must be carrying on an ‘industry, business or trade’. That business industry or trade must be ‘being, or intended to be, conducted for the benefit of the community’. This is the condition for registration.”''

FCA document [[https://www.fca.org.uk/publication/finalised-guidance/fg15-12.pdf]] explains this further in section 5, from page 31.

*[[1. What is Freegle]]
*[[1.2 Freegle Objects]]
*[[1.3 Vision, Mission, Values]]
*[[1.4 Legal Structure]]
*[[1.5 Our strategic objectives]]

Link: [[Director Handbook]]

[[category: Introduction to Freegle]]