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Industrial and provident society - Wikipedia
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a{color:var(--color-progressive)!important}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-list-title,html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle{background:transparent!important}html.skin-theme-clientpref-os .mw-parser-output .sidebar:not(.notheme) .sidebar-title-with-pretitle a{color:var(--color-progressive)!important}}@media print{body.ns-0 .mw-parser-output .sidebar{display:none!important}}</style><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1246091330"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1246091330"><table class="sidebar sidebar-collapse nomobile nowraplinks vcard hlist"><tbody><tr><td class="sidebar-pretitle">This article is part of <a href="/wiki/Category:Corporate_law" title="Category:Corporate law">a series</a> on</td></tr><tr><th class="sidebar-title-with-pretitle"><a href="/wiki/Corporate_law" title="Corporate law">Corporate law</a></th></tr><tr><td class="sidebar-image"><span typeof="mw:File"><a href="/wiki/File:Society.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Society.svg/200px-Society.svg.png" decoding="async" width="200" height="79" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Society.svg/300px-Society.svg.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/5/5b/Society.svg/400px-Society.svg.png 2x" data-file-width="96" data-file-height="38" /></a></span></td></tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:center; background:lavender; line-height:130%; padding:0.3em 0em;;color: var(--color-base)">By jurisdiction</div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Anguillan_company_law" title="Anguillan company law">Anguilla</a></li> <li><a href="/wiki/Australian_corporate_law" title="Australian corporate law">Australia</a></li> <li><a href="/wiki/British_Virgin_Islands_company_law" title="British Virgin Islands company law">BVI</a></li> <li><a href="/wiki/Canadian_corporate_law" title="Canadian corporate law">Canada</a></li> <li><a href="/wiki/Cayman_Islands_company_law" title="Cayman Islands company law">Cayman Islands</a></li> <li><a href="/wiki/Indian_company_law" title="Indian company law">India</a></li> <li><a href="/wiki/South_African_company_law" title="South African company law">South Africa</a></li> <li><a href="/wiki/United_Kingdom_company_law" title="United Kingdom company law">UK</a></li> <li><a href="/wiki/United_States_corporate_law" title="United States corporate law">United States</a></li> <li><a href="/wiki/Corporate_law_in_Vietnam" title="Corporate law in Vietnam">Vietnam</a></li> <li><br /><a href="/wiki/European_corporate_law" class="mw-redirect" title="European corporate law">European Union</a> <ul><li><a href="/wiki/French_company_law" title="French company law">France</a></li> <li><a href="/wiki/German_company_law" title="German company law">Germany</a></li></ul></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:center; background:lavender; line-height:130%; padding:0.3em 0em;;color: var(--color-base)">General corporate forms</div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Company" title="Company">Company</a></li> <li><a href="/wiki/Conglomerate_(company)" title="Conglomerate (company)">Conglomerate</a></li> <li><a href="/wiki/Cooperative" title="Cooperative">Cooperative</a></li> <li><a href="/wiki/Corporation" title="Corporation">Corporation</a></li> <li><a href="/wiki/Holding_company" title="Holding company">Holding company</a></li> <li><a href="/wiki/Joint-stock_company" title="Joint-stock company">Joint-stock</a></li> <li><a href="/wiki/Partnership" title="Partnership">Partnership</a> <ul><li><a href="/wiki/General_partnership" title="General partnership">General</a></li> <li><a href="/wiki/Limited_partnership" title="Limited partnership">Limited</a></li> <li><a href="/wiki/Limited_liability_partnership" title="Limited liability partnership">Limited liability</a></li></ul></li> <li><a href="/wiki/Private_limited_company" title="Private limited company">Private limited</a></li> <li><a href="/wiki/Shell_corporation" title="Shell corporation">Shell corporation</a></li> <li><a href="/wiki/Shelf_corporation" title="Shelf corporation">Shelf corporation</a></li> <li><a href="/wiki/Sole_proprietorship" title="Sole proprietorship">Sole proprietorship</a></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:center; background:lavender; line-height:130%; padding:0.3em 0em;;color: var(--color-base)"><a href="/wiki/List_of_legal_entity_types_by_country" title="List of legal entity types by country">Corporate forms<br />by jurisdiction</a></div><div class="sidebar-list-content mw-collapsible-content"><table class="sidebar nomobile nowraplinks" style="background-color: transparent; color: var( --color-base ); border-collapse:collapse; border-spacing:0px; border:none; width:100%; margin:0px; font-size:100%; clear:none; float:none"><tbody><tr><th class="sidebar-heading"> <a href="/wiki/European_corporate_law" class="mw-redirect" title="European corporate law">European Union</a></th></tr><tr><td class="sidebar-content" style="border-bottom:#ccc 1px solid"> <ul><li><a href="/wiki/Societas_Europaea" title="Societas Europaea"><i>Societas</i> <span style="font-size:85%;">(SE)</span></a></li> <li><a href="/wiki/Societas_cooperativa_Europaea" title="Societas cooperativa Europaea"><i>Societas cooperativa</i> <span style="font-size:85%;">(SCE)</span></a></li> <li><a href="/wiki/Societas_privata_Europaea" title="Societas privata Europaea"><i>Societas privata</i> <span style="font-size:85%;">(SPE)</span></a></li> <li><a href="/wiki/Societas_unius_personae" title="Societas unius personae"><i>Societas unius personae</i> <span style="font-size:85%;">(SUP)</span></a></li> <li><a href="/wiki/European_economic_interest_grouping" title="European economic interest grouping">Economic interest grouping <span style="font-size:85%;">(EEIG)</span></a></li></ul></td> </tr><tr><th class="sidebar-heading"> <span class="nowrap">UK / Ireland / Commonwealth</span></th></tr><tr><td class="sidebar-content" style="border-bottom:#ccc 1px solid"> <ul><li><a href="/wiki/Charitable_incorporated_organisation" title="Charitable incorporated organisation">Charitable incorporated organisation (England and Wales) <span style="font-size:85%;">(CIO)</span></a></li> <li><a href="/wiki/Scottish_charitable_incorporated_organisation" title="Scottish charitable incorporated organisation">Scottish charitable incorporated organisation <span style="font-size:85%;">(SCIO)</span></a></li> <li><a href="/wiki/Community_interest_company" title="Community interest company">Community interest company <span style="font-size:85%;">(CIC)</span></a></li> <li><a class="mw-selflink selflink">Industrial and provident society <span style="font-size:85%;">(IPS)</span></a></li> <li><br /><a href="/wiki/Limited_company" title="Limited company">Limited company <span style="font-size:85%;">(Ltd.)</span></a> <ul><li><a href="/wiki/Private_company_limited_by_guarantee" class="mw-redirect" title="Private company limited by guarantee">by guarantee</a></li> <li><a href="/wiki/Private_company_limited_by_shares" title="Private company limited by shares">by shares</a></li> <li><a href="/wiki/Proprietary_company" title="Proprietary company">proprietary</a></li> <li><a href="/wiki/Public_limited_company" title="Public limited company">public</a></li></ul></li> <li><a href="/wiki/Unlimited_company" title="Unlimited company">Unlimited company</a></li></ul></td> </tr><tr><th class="sidebar-heading"> United States</th></tr><tr><td class="sidebar-content" style="border-bottom:#ccc 1px solid"> <ul><li><a href="/wiki/Benefit_corporation" title="Benefit corporation">Benefit corporation</a></li> <li><a href="/wiki/C_corporation" title="C corporation">C corporation</a></li> <li><a href="/wiki/Limited_liability_company" title="Limited liability company">Limited liability company <span style="font-size:85%;">(LLC)</span></a> <ul><li><a href="/wiki/Low-profit_limited_liability_company" title="Low-profit limited liability company">Low-profit LLC</a></li></ul></li> <li><a href="/wiki/Series_LLC" title="Series LLC">Series LLC</a></li> <li><a href="/wiki/Limited_liability_limited_partnership" title="Limited liability limited partnership">Limited liability limited partnership <span style="font-size:85%;">(LLLP)</span></a></li> <li><a href="/wiki/S_corporation" title="S corporation">S corporation</a></li> <li><span class="nowrap"><a href="/wiki/Delaware_General_Corporation_Law" title="Delaware General Corporation Law">Delaware corporation</a> / <a href="/wiki/Delaware_statutory_trust" title="Delaware statutory trust">statutory trust</a></span></li> <li><a href="/wiki/Massachusetts_business_trust" title="Massachusetts business trust">Massachusetts business trust</a></li> <li><a href="/wiki/Nevada_corporation" title="Nevada corporation">Nevada corporation</a></li></ul></td> </tr><tr><th class="sidebar-heading"> Others</th></tr><tr><td class="sidebar-content" style="border-bottom:#ccc 1px solid"> <ul><li><a href="/wiki/Aktiebolag" title="Aktiebolag"><i>Aktiebolag</i> <span style="font-size:85%;">(AB)</span></a></li> <li><a href="/wiki/Aktiengesellschaft" title="Aktiengesellschaft"><i>Aktiengesellschaft</i> <span style="font-size:85%;">(AG)</span></a></li> <li><a href="/wiki/Ansvarlig_selskap" title="Ansvarlig selskap"><i>Ansvarlig selskap</i> <span style="font-size:85%;">(ANS)</span></a></li> <li><a href="/wiki/Aktieselskab" title="Aktieselskab"><i>Aktieselskab</i> <span style="font-size:85%;">(A/S)</span></a></li> <li><a href="/wiki/Aksjeselskap" title="Aksjeselskap"><i>Aksjeselskap</i> <span style="font-size:85%;">(AS)</span></a></li> <li><a href="/wiki/Gesellschaft_mit_beschr%C3%A4nkter_Haftung" class="mw-redirect" title="Gesellschaft mit beschr盲nkter Haftung"><i>Gesellschaft mit beschr盲nkter Haftung</i> <span style="font-size:85%;">(GmbH)</span></a></li> <li><a href="/wiki/Kabushiki_gaisha" title="Kabushiki gaisha"><i>Kabushiki gaisha</i> <span style="font-size:85%;">(K.K.)</span></a></li> <li><a href="/wiki/Naamloze_vennootschap" title="Naamloze vennootschap"><i>Naamloze vennootschap</i> <span style="font-size:85%;">(N.V.)</span></a></li> <li><a href="/wiki/Osakeyhti%C3%B6" title="Osakeyhti枚"><i>Osakeyhti枚</i> <span style="font-size:85%;">(Oy)</span></a></li> <li><a href="/wiki/S.A._(corporation)" title="S.A. (corporation)">S.A.</a></li> <li><a href="/wiki/Soci%C3%A9t%C3%A9_%C3%A0_responsabilit%C3%A9_limit%C3%A9e" title="Soci茅t茅 脿 responsabilit茅 limit茅e"><i>Soci茅t茅 脿 responsabilit茅 limit茅e</i> <span style="font-size:85%;">(SARL)</span></a></li> <li><a href="/wiki/Types_of_business_entity" class="mw-redirect" title="Types of business entity">more...</a></li></ul></td> </tr></tbody></table></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:center; background:lavender; line-height:130%; padding:0.3em 0em;;color: var(--color-base)">Doctrines</div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Business_judgment_rule" title="Business judgment rule">Business judgment rule</a></li> <li><a href="/wiki/Corporate_governance" title="Corporate governance">Corporate governance</a></li> <li><a href="/wiki/De_facto_corporation_and_corporation_by_estoppel" title="De facto corporation and corporation by estoppel"><i>De facto</i> and estoppel corporations</a></li> <li><a href="/wiki/Internal_affairs_doctrine" title="Internal affairs doctrine">Internal affairs doctrine</a></li> <li><a href="/wiki/Limited_liability" title="Limited liability">Limited liability</a></li> <li><a href="/wiki/Tag-along_right" title="Tag-along right">Tag-along right</a></li> <li><a href="/wiki/Drag-along_right" title="Drag-along right">Drag-along right</a></li> <li><a href="/wiki/Piercing_the_corporate_veil" title="Piercing the corporate veil">Piercing the corporate veil</a></li> <li><a href="/wiki/Rochdale_Principles" title="Rochdale Principles">Rochdale Principles</a></li> <li><i><a href="/wiki/Ultra_vires" title="Ultra vires">Ultra vires</a></i></li></ul></div></div></td> </tr><tr><td class="sidebar-content"> <div class="sidebar-list mw-collapsible mw-collapsed"><div class="sidebar-list-title" style="text-align:center; background:lavender; line-height:130%; padding:0.3em 0em;;color: var(--color-base)">Related areas</div><div class="sidebar-list-content mw-collapsible-content"> <ul><li><a href="/wiki/Beneficial_ownership" title="Beneficial ownership">Beneficial ownership</a></li> <li><a href="/wiki/Civil_procedure" title="Civil procedure">Civil procedure</a></li> <li><a href="/wiki/Contract" title="Contract">Contract</a></li> <li><a href="/wiki/List_of_company_registers" class="mw-redirect" title="List of company registers">Corporate registers</a></li> <li><a href="/wiki/Registered_agent" title="Registered agent">Registered agent</a></li></ul></div></div></td> </tr><tr><td class="sidebar-below"> <ul><li><a href="/wiki/Portal:Companies" title="Portal:Companies">Company portal</a></li> <li><a href="/wiki/Portal:Law" title="Portal:Law">Law portal</a></li></ul></td></tr><tr><td class="sidebar-navbar"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1239400231">.mw-parser-output .navbar{display:inline;font-size:88%;font-weight:normal}.mw-parser-output .navbar-collapse{float:left;text-align:left}.mw-parser-output .navbar-boxtext{word-spacing:0}.mw-parser-output .navbar ul{display:inline-block;white-space:nowrap;line-height:inherit}.mw-parser-output .navbar-brackets::before{margin-right:-0.125em;content:"[ "}.mw-parser-output .navbar-brackets::after{margin-left:-0.125em;content:" ]"}.mw-parser-output .navbar li{word-spacing:-0.125em}.mw-parser-output .navbar a>span,.mw-parser-output .navbar a>abbr{text-decoration:inherit}.mw-parser-output .navbar-mini abbr{font-variant:small-caps;border-bottom:none;text-decoration:none;cursor:inherit}.mw-parser-output .navbar-ct-full{font-size:114%;margin:0 7em}.mw-parser-output .navbar-ct-mini{font-size:114%;margin:0 4em}html.skin-theme-clientpref-night .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}@media(prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .navbar li a abbr{color:var(--color-base)!important}}@media print{.mw-parser-output .navbar{display:none!important}}</style><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Corporate_law" title="Template:Corporate law"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Corporate_law" title="Template talk:Corporate law"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Corporate_law" title="Special:EditPage/Template:Corporate law"><abbr title="Edit this template">e</abbr></a></li></ul></div></td></tr></tbody></table> <p>An <b>industrial and provident society</b> (<b>IPS</b>) is a <a href="/wiki/Body_corporate" class="mw-redirect" title="Body corporate">body corporate</a> registered for carrying on any industries, businesses, or trades specified in or authorised by its rules.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p><p>The members of a society benefit from the protection of limited liability much like other corporate forms, but unlike companies for example, each member will normally only have one vote at a General Meeting regardless of their shareholding. The governance of a society is therefore democratically oriented rather than financially oriented. </p><p>The legal form originated in the <a href="/wiki/United_Kingdom_of_Great_Britain_and_Ireland" title="United Kingdom of Great Britain and Ireland">United Kingdom of Great Britain and Ireland</a> and became the traditional legal form taken by trading organisations with democratic governance including: </p> <ul><li>co-operatives (which trade for the benefit of their members);</li> <li>societies for the benefit of the community (which trade for the benefit of the broader community).</li></ul> <p>In Great Britain the <a href="/wiki/Co-operative_and_Community_Benefit_Societies_Act_2014" title="Co-operative and Community Benefit Societies Act 2014">Co-operative and Community Benefit Societies Act 2014</a> has renamed these societies as <i>co-operative or community benefit societies</i>. </p><p>The term industrial and provident society is still used in statute in New Zealand,<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> the Republic of Ireland<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> and within the UK in Northern Ireland.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History_1852_to_2014">History 1852 to 2014</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=1" title="Edit section: History 1852 to 2014"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The first legislation basis for industrial and provident societies arose in the <a href="/wiki/Industrial_and_Provident_Societies_Partnership_Act_1852" title="Industrial and Provident Societies Partnership Act 1852">Industrial and Provident Societies Partnership Act 1852</a>. </p><p>The consolidated <a href="/w/index.php?title=Industrial_and_Provident_Societies_Act_1893&action=edit&redlink=1" class="new" title="Industrial and Provident Societies Act 1893 (page does not exist)">Industrial and Provident Societies Act 1893</a> (<a href="/wiki/56_%26_57_Vict." class="mw-redirect" title="56 & 57 Vict.">56 & 57 Vict.</a> c. 39) was passed by the parliament of the <a href="/wiki/United_Kingdom_of_Great_Britain_and_Ireland" title="United Kingdom of Great Britain and Ireland">United Kingdom of Great Britain and Ireland</a>,<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> and was amended in 1895 and 1913. This legislation still forms the basis of the law on societies in the <a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Republic of Ireland</a>. </p><p>The Industrial and Provident Societies Act was passed by the parliament of New Zealand in 1908, and forms the basis of the law on societies in New Zealand. </p><p>In 1965, an act of Parliament came into effect called the <a href="/wiki/Industrial_and_Provident_Societies_Act_1965" title="Industrial and Provident Societies Act 1965">Industrial and Provident Societies Act 1965</a>. </p><p>In 2006, the Friendly and Industrial and Provident Societies Act 1968 (Audit Exemption) (Amendment) Order 2006<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup> increased the audit exemption threshold level for industrial and provident societies to 拢5.6 million. Also the <a href="/wiki/Charities_Act_2006" title="Charities Act 2006">Charities Act 2006</a> removed certain exemptions of charitable IPSs in England and Wales. From that point, charitable IPSs had to register with both the FCA and the Charity Commission, except <a href="/wiki/Registered_social_landlord" class="mw-redirect" title="Registered social landlord">registered social landlords</a>, who register with the <a href="/wiki/Tenant_Services_Authority" title="Tenant Services Authority">Tenant Services Authority</a>.<sup id="cite_ref-ncvo_7-0" class="reference"><a href="#cite_note-ncvo-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> </p><p>Since 2010 the IPS laws explicitly name co-operatives in their titles. </p><p>In 2011, the Legislative Reform (Industrial and Provident Societies and Credit Unions) Order 2011<sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> increased the maximum shareholding limit, changed the date of submission of the annual return, permitted children to be members, and allows the publication of unaudited interim accounts.<sup id="cite_ref-reform2011_9-0" class="reference"><a href="#cite_note-reform2011-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> </p><p>In January 2012, the UK Prime Minister, <a href="/wiki/David_Cameron" title="David Cameron">David Cameron</a> announced a project to consolidate all the legislation applicable to industrial and provident societies to be passed by 2015.<sup id="cite_ref-cameron2012_10-0" class="reference"><a href="#cite_note-cameron2012-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> There was some uncertainty as to how far new developments would address the problems with the legislation.<sup id="cite_ref-coop1_11-0" class="reference"><a href="#cite_note-coop1-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> Cameron stated, "We know that breaking monopolies, encouraging choice, opening up new forms of enterprise is not just right for business but the best way of improving public services too." <a href="/wiki/Ed_Mayo" title="Ed Mayo">Ed Mayo</a>, Secretary General of <a href="/wiki/Co-operatives_UK" title="Co-operatives UK">Co-operatives UK</a>, welcomed the project.<sup id="cite_ref-cameron2012_10-1" class="reference"><a href="#cite_note-cameron2012-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> In mid-2012, revision of laws for co-operative was in its early stages.<sup id="cite_ref-coop2_12-0" class="reference"><a href="#cite_note-coop2-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> Some felt the reforms did not deal with certain key problems.<sup id="cite_ref-coop1_11-1" class="reference"><a href="#cite_note-coop1-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> </p><p>Changes to the registration system under the <a href="/wiki/Financial_Services_Act_2012" title="Financial Services Act 2012">Financial Services Act 2012</a> which splits the Financial Services Authority into the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) took effect on 1 April 2013.<sup id="cite_ref-13" class="reference"><a href="#cite_note-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> The registration function for societies was transferred to the FCA while the prudential regulation of credit unions was transferred to the PRA.<sup id="cite_ref-14" class="reference"><a href="#cite_note-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> In September 2013, the English and Scottish Law Commissions published a draft consolidation bill and related documents for consultation.<sup id="cite_ref-15" class="reference"><a href="#cite_note-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> Earlier that year, the UK Treasury, which is the department responsible for legislation for societies, published a series of proposals to increase the holding limit for withdrawable share capital in societies to at least 拢31,000, to apply insolvency rescue procedures to societies, and to change the rules applicable to their registers of members.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> Draft regulations linked to that consultation were also available, having been circulated to a small number of people. Those drafts and other materials, including a private member's bill to liberalise the use of share capital by societies presented to the UK House of Lords were explained and brought together online.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> </p><p>A new <a href="/wiki/Co-operative_and_Community_Benefit_Societies_Act_2014" title="Co-operative and Community Benefit Societies Act 2014">Co-operative and Community Benefit Societies Act</a> received <a href="/wiki/Royal_assent" title="Royal assent">royal assent</a> in 2014. </p> <div class="mw-heading mw-heading2"><h2 id="Regulation">Regulation</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=2" title="Edit section: Regulation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>In the <a href="/wiki/United_Kingdom" title="United Kingdom">United Kingdom</a>, IPSs are registered (but not regulated) by the <a href="/wiki/Financial_Conduct_Authority" title="Financial Conduct Authority">Financial Conduct Authority</a> (FCA), which took over the job from the Registrar of Friendly Societies when it was part of the <a href="/wiki/Financial_Services_Authority" title="Financial Services Authority">Financial Services Authority</a> (FSA) (both being supervised by the Treasury). Society registration is quite separate from the FCA's function of regulating financial institutions.<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> </p><p>Such businesses have been controlled in the past by the <a href="/wiki/Industrial_and_Provident_Societies_Partnership_Act_1852" title="Industrial and Provident Societies Partnership Act 1852">Industrial and Provident Societies Partnership Act 1852</a>, the <a href="/w/index.php?title=Industrial_and_Provident_Societies_Act_1893&action=edit&redlink=1" class="new" title="Industrial and Provident Societies Act 1893 (page does not exist)">Industrial and Provident Societies Act 1893</a> (<a href="/wiki/56_%26_57_Vict." class="mw-redirect" title="56 & 57 Vict.">56 & 57 Vict.</a> c. 39), and the <a href="/wiki/Industrial_and_Provident_Societies_Act_1965" title="Industrial and Provident Societies Act 1965">Industrial and Provident Societies Act 1965</a>. </p><p>The legislation in the <a href="/wiki/Republic_of_Ireland" title="Republic of Ireland">Republic of Ireland</a> is based on modifications of the UK Industrial and Provident Societies Act 1893 (<a href="/wiki/56_%26_57_Vict." class="mw-redirect" title="56 & 57 Vict.">56 & 57 Vict.</a> c. 39).<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="Legislation">Legislation</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=3" title="Edit section: Legislation"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Industrial_and_Provident_Societies_Partnership_Act_1852" title="Industrial and Provident Societies Partnership Act 1852">Industrial and Provident Societies Partnership Act 1852</a></li> <li><a href="/w/index.php?title=Industrial_and_Provident_Societies_Act_1893&action=edit&redlink=1" class="new" title="Industrial and Provident Societies Act 1893 (page does not exist)">Industrial and Provident Societies Act 1893</a><sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> (<a href="/wiki/56_%26_57_Vict." class="mw-redirect" title="56 & 57 Vict.">56 & 57 Vict.</a> c. 39)</li> <li><a href="/w/index.php?title=Industrial_and_Provident_Societies_(Amendment)_Act_1913&action=edit&redlink=1" class="new" title="Industrial and Provident Societies (Amendment) Act 1913 (page does not exist)">Industrial and Provident Societies (Amendment) Act 1913</a><sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/Industrial_and_Provident_Societies_Act_1965" title="Industrial and Provident Societies Act 1965">Industrial and Provident Societies Act 1965</a><sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> (c. 12)</li> <li><a href="/w/index.php?title=Industrial_and_Provident_Societies_Act_2002&action=edit&redlink=1" class="new" title="Industrial and Provident Societies Act 2002 (page does not exist)">Industrial and Provident Societies Act 2002</a><sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> (c. 20)</li> <li><a href="/wiki/Co-operative_and_Community_Benefit_Societies_Act_2003" class="mw-redirect" title="Co-operative and Community Benefit Societies Act 2003">Co-operative and Community Benefit Societies Act 2003</a><sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/Co-operative_and_Community_Benefit_Societies_and_Credit_Unions_Act_2010" title="Co-operative and Community Benefit Societies and Credit Unions Act 2010">Co-operative and Community Benefit Societies and Credit Unions Act 2010</a></li> <li><a href="/wiki/Financial_Services_Act_2012" title="Financial Services Act 2012">Financial Services Act 2012</a></li> <li><a href="/wiki/Co-operative_and_Community_Benefit_Societies_Act_2014" title="Co-operative and Community Benefit Societies Act 2014">Co-operative and Community Benefit Societies Act 2014</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="Forms_of_financial_capital:_Community_shares">Forms of financial capital: Community shares</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=4" title="Edit section: Forms of financial capital: Community shares"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Unlike a <a href="/wiki/Company_limited_by_guarantee" title="Company limited by guarantee">company limited by guarantee</a> (another form favoured by businesses not primarily motivated by profit), an IPS always has a <a href="/wiki/Share_capital" title="Share capital">share capital</a>. However, in an IPS the shares cannot usually increase in value beyond their nominal amount. Often, no interest or dividend is payable on them at all, and they are voting shares only. The capital of an IPS is therefore not made up of equity shares like those in a <a href="/wiki/Company_limited_by_shares" class="mw-redirect" title="Company limited by shares">company limited by shares</a>, which appreciate or fall in value with the success of the enterprise that issues them. Rather they are par-value shares, which can only be redeemed (if at all) at face value. The profits and losses of an IPS are thus the <a href="/wiki/Common_ownership" title="Common ownership">common property</a> of the members. The share often acts as no more than a "membership ticket", and voting is on a "one member one vote" basis. </p><p>Working capital is usually provided through non-voting shares, and these are often withdrawable. Withdrawable share capital is an unusual form of finance which is treated as <a href="/wiki/Ownership_equity" class="mw-redirect" title="Ownership equity">equity</a> but may be withdrawn subject to specified conditions. It has the great advantage of being exempt from the Financial Services and Markets Act, which makes the sale of securities to the public a criminal offence without compliance with expensive and onerous regulations. However, an IPS with withdrawable share capital is not allowed to carry on a banking business, presumably because a withdrawable share capital would make it impractical to ensure <a href="/wiki/Capital_adequacy" class="mw-redirect" title="Capital adequacy">capital adequacy</a> requirements are continuously met. The terms of society shares, whether withdrawable or not, may include the payment of interest on the capital, but this may only be paid out of profits. </p><p>The maximum individual withdrawable shareholding is currently set at 拢100,000 (although other IPSs may hold more shares than this). The limit used to include non-withdrawable shares, but this was removed in 2011.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-fsa_26-0" class="reference"><a href="#cite_note-fsa-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> Since 2006, the FCA has been willing, in principle, to permit co-operative societies to have non-user investor members providing certain conditions are met and this, in combination with the removal of the 拢100,000 holding limit for non-withdrawable shares, may open up wider possibilities for co-operatives to raise finance from investors while maintaining user control.<sup id="cite_ref-fsa2_27-0" class="reference"><a href="#cite_note-fsa2-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> </p><p>Since 2012, the use of withdrawable share capital by community benefit societies has been commonly described as 'community shares'. Over 拢150 million has been raised in community shares by over 440 community owned businesses across the UK. Recent research has shown that this model has proven very resilient, with 92% of all businesses who have raised capital through community shares still trading to date.<sup id="cite_ref-28" class="reference"><a href="#cite_note-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup> As community share offers are exempt from formal regulation, the Community Shares Unit (CSU) oversees best practice standards, intelligence and development of the community shares market. The CSU is a formal partnership between <a href="/wiki/Co-operatives_UK" title="Co-operatives UK">Co-operatives UK</a>, <a rel="nofollow" class="external text" href="https://locality.org.uk/">Locality</a> and <a rel="nofollow" class="external text" href="https://plunkett.co.uk/">The Plunkett Foundation</a>. </p><p>In depth guidance on the legislation and best practice standards on running community share offers is available from <a rel="nofollow" class="external text" href="https://www.uk.coop/resources/community-shares-handbook">The Community Shares Handbook</a>.<sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Examples">Examples</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=5" title="Edit section: Examples"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="Community_benefit_societies">Community benefit societies</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=6" title="Edit section: Community benefit societies"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Broadband_4_Rural_North" class="mw-redirect" title="Broadband 4 Rural North">Broadband 4 Rural North</a><sup id="cite_ref-b4rnips_30-0" class="reference"><a href="#cite_note-b4rnips-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/F.C._United_of_Manchester" title="F.C. United of Manchester">F.C. United of Manchester</a><sup id="cite_ref-comben_31-0" class="reference"><a href="#cite_note-comben-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/Hull_United_A.F.C." title="Hull United A.F.C.">Hull United A.F.C.</a><sup id="cite_ref-comben_31-1" class="reference"><a href="#cite_note-comben-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/Fordhall_Farm" title="Fordhall Farm">Fordhall Community Land Initiative</a><sup id="cite_ref-comben_31-2" class="reference"><a href="#cite_note-comben-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup></li> <li>Greater Manchester Tree Station<sup id="cite_ref-comben_31-3" class="reference"><a href="#cite_note-comben-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/Manchester_United_Supporters%27_Trust" title="Manchester United Supporters' Trust">Manchester United Supporters' Trust</a><sup id="cite_ref-mustips_32-0" class="reference"><a href="#cite_note-mustips-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/RLLMUK" title="RLLMUK">RLLMUK</a></li></ul> <div class="mw-heading mw-heading3"><h3 id="Co-operatives">Co-operatives</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=7" title="Edit section: Co-operatives"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Ethical_Consumer" title="Ethical Consumer">Ethical Consumer Research Association</a><sup id="cite_ref-coopdir_33-0" class="reference"><a href="#cite_note-coopdir-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup></li> <li><a href="/wiki/Shared_Interest" title="Shared Interest">Shared Interest</a></li></ul> <div class="mw-heading mw-heading3"><h3 id="Housing_associations">Housing associations</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=8" title="Edit section: Housing associations"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Canopy_Housing" title="Canopy Housing">Canopy Housing</a></li> <li><a href="/wiki/Empty_Homes_Agency" title="Empty Homes Agency">Empty Homes Agency</a></li> <li><a href="/wiki/Great_Places" title="Great Places">Great Places</a></li> <li><a href="/wiki/Hanover_Housing_Association" title="Hanover Housing Association">Hannover Housing Association</a></li> <li><a href="/wiki/Home_Group" title="Home Group">Home Group</a></li> <li><a href="/wiki/Stonewater_Ltd" title="Stonewater Ltd">Stonewater Ltd</a>.</li> <li><a href="/wiki/Whitefriars_Housing_Group" title="Whitefriars Housing Group">Whitefryars Housing Group</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=9" title="Edit section: See also"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a href="/wiki/Community_interest_company" title="Community interest company">Community interest company</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=10" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist reflist-columns references-column-width" style="column-width: 30em;"> <ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation report cs1">Industrial and Provident Societies Act 1893 (Act). Parliament of the United Kingdom of Great Britain and Ireland. 1893.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=report&rft.btitle=Industrial+and+Provident+Societies+Act+1893&rft.pub=Parliament+of+the+United+Kingdom+of+Great+Britain+and+Ireland&rft.date=1893&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.business.govt.nz/companies/learn-about/other-registers/industrial-and-provident-societies">"Industrial and provident societies"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Industrial+and+provident+societies&rft_id=https%3A%2F%2Fwww.business.govt.nz%2Fcompanies%2Flearn-about%2Fother-registers%2Findustrial-and-provident-societies&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.cro.ie/Registration/Society-Union/I-P-">"RFS - Registration of Society or Union"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=RFS+-+Registration+of+Society+or+Union&rft_id=https%3A%2F%2Fwww.cro.ie%2FRegistration%2FSociety-Union%2FI-P-&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span><sup class="noprint Inline-Template"><span style="white-space: nowrap;">[<i><a href="/wiki/Wikipedia:Link_rot" title="Wikipedia:Link rot"><span title=" Dead link tagged September 2024">permanent dead link</span></a></i><span style="visibility:hidden; color:transparent; padding-left:2px">‍</span>]</span></sup></span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20150710053520/http://www.detini.gov.uk/deti-registry-index">"NI Credit Unions and Societies | Department of Enterprise, Trade and Investment (DETI)"</a>. Archived from <a rel="nofollow" class="external text" href="http://www.detini.gov.uk/deti-registry-index">the original</a> on 10 July 2015<span class="reference-accessdate">. Retrieved <span class="nowrap">19 July</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=NI+Credit+Unions+and+Societies+%26%23124%3B+Department+of+Enterprise%2C+Trade+and+Investment+%28DETI%29&rft_id=http%3A%2F%2Fwww.detini.gov.uk%2Fdeti-registry-index&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external free" href="https://www.legislation.gov.uk/primary+secondary/1893?title=industrial%20and%20provident">https://www.legislation.gov.uk/primary+secondary/1893?title=industrial%20and%20provident</a> <sup class="noprint Inline-Template" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Bare_URLs" title="Wikipedia:Bare URLs"><span title="A full citation is required to prevent link rot. (March 2022)">bare URL</span></a></i>]</sup></span> </li> <li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text">Statutory Instrument 2006 No. 265</span> </li> <li id="cite_note-ncvo-7"><span class="mw-cite-backlink"><b><a href="#cite_ref-ncvo_7-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20080113150246/http://www.ncvo-vol.org.uk/policy/index.asp?id=3928">"A briefing on the 2006 Charities Act"</a>. <a href="/wiki/NCVO" class="mw-redirect" title="NCVO">NCVO</a>. 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Retrieved <span class="nowrap">11 August</span> 2012</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Co-operative+News&rft.atitle=Co-operatives+Bill%3A+Cameron%27s+Consolidation+Plan+for+Co-op+Law+in+Great+Britain+-+Co-operative+News&rft.date=2012-01-23&rft_id=http%3A%2F%2Fwww.thenews.coop%2Fblog%2Fco-operatives-bill-camerons-consolidation-plan-co-op-law-great-britain&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-coop2-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-coop2_12-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20120601023351/http://www.thenews.coop/blog/co-op-law-consolidation-where-it-now">"Co-op Law Consolidation: Where is it now?"</a>. <i>Co-operative News</i>. 23 May 2012. 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Archived from <a rel="nofollow" class="external text" href="http://www.hm-treasury.gov.uk/press_126_12.htm">the original</a> on 5 February 2013<span class="reference-accessdate">. Retrieved <span class="nowrap">18 February</span> 2013</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=HM+Treasury+-+GOV.UK&rft_id=http%3A%2F%2Fwww.hm-treasury.gov.uk%2Fpress_126_12.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-14">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.legislation.gov.uk/ukpga/2012/21/part/3/enacted">"Financial Services Act 2012"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Financial+Services+Act+2012&rft_id=http%3A%2F%2Fwww.legislation.gov.uk%2Fukpga%2F2012%2F21%2Fpart%2F3%2Fenacted&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-15">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20131006222714/http://lawcommission.justice.gov.uk/consultations/co-operative_community_benefit_societies_bill.htm">"Law Commission"</a>. Archived from <a rel="nofollow" class="external text" href="http://lawcommission.justice.gov.uk/consultations/co-operative_community_benefit_societies_bill.htm">the original</a> on 6 October 2013.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Law+Commission&rft_id=http%3A%2F%2Flawcommission.justice.gov.uk%2Fconsultations%2Fco-operative_community_benefit_societies_bill.htm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.gov.uk/government/consultations/industrial-and-provident-societies-growth-through-co-operation">"Industrial and Provident Societies: growth through co-operation"</a>. 26 July 2013.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Industrial+and+Provident+Societies%3A+growth+through+co-operation&rft.date=2013-07-26&rft_id=https%3A%2F%2Fwww.gov.uk%2Fgovernment%2Fconsultations%2Findustrial-and-provident-societies-growth-through-co-operation&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-17"><span class="mw-cite-backlink"><b><a href="#cite_ref-17">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.iansnaith.com/?page_id=565">"UK Co-op Law in 2015 & the 2014 Changes | Ian Snaith's Website"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=UK+Co-op+Law+in+2015+%26+the+2014+Changes+%26%23124%3B+Ian+Snaith%27s+Website&rft_id=http%3A%2F%2Fwww.iansnaith.com%2F%3Fpage_id%3D565&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-18"><span class="mw-cite-backlink"><b><a href="#cite_ref-18">^</a></b></span> <span class="reference-text">FCA Handbook, paragraph RFCCBS -1.1.5 <a rel="nofollow" class="external free" href="https://www.handbook.fca.org.uk/handbook/RFCCBS/-1/?view=chapter">https://www.handbook.fca.org.uk/handbook/RFCCBS/-1/?view=chapter</a></span> </li> <li id="cite_note-19"><span class="mw-cite-backlink"><b><a href="#cite_ref-19">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20100821093305/http://www.cro.ie/en/business-registration-ip-society.aspx">"Industrial and Provident Society"</a>. <a href="/wiki/Companies_Registration_Office_(Ireland)" title="Companies Registration Office (Ireland)">Companies Registration Office (Ireland)</a>. Archived from <a rel="nofollow" class="external text" href="http://www.cro.ie/en/business-registration-ip-society.aspx">the original</a> on 21 August 2010.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Industrial+and+Provident+Society&rft.pub=Companies+Registration+Office+%28Ireland%29&rft_id=http%3A%2F%2Fwww.cro.ie%2Fen%2Fbusiness-registration-ip-society.aspx&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-20"><span class="mw-cite-backlink"><b><a href="#cite_ref-20">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFBook_(eISB)" class="citation web cs1">Book (eISB), electronic Irish Statute. <a rel="nofollow" class="external text" href="https://www.irishstatutebook.ie/eli/1893/act/39/enacted/en/print.html">"electronic Irish Statute Book (eISB)"</a>. <i>www.irishstatutebook.ie</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.irishstatutebook.ie&rft.atitle=electronic+Irish+Statute+Book+%28eISB%29&rft.aulast=Book+%28eISB%29&rft.aufirst=electronic+Irish+Statute&rft_id=https%3A%2F%2Fwww.irishstatutebook.ie%2Feli%2F1893%2Fact%2F39%2Fenacted%2Fen%2Fprint.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-21">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.irishstatutebook.ie/eli/1913/act/32/enacted/en/print.html">"Industrial and Provident Societies (Amendment) Act, 1913"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Industrial+and+Provident+Societies+%28Amendment%29+Act%2C+1913&rft_id=http%3A%2F%2Fwww.irishstatutebook.ie%2Feli%2F1913%2Fact%2F32%2Fenacted%2Fen%2Fprint.html&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-22">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.statutelaw.gov.uk/legResults.aspx?LegType=All+Primary&PageNumber=62&NavFrom=2&activeTextDocId=1233768">"Industrial and Provident Societies Act 1965 (repealed)"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Industrial+and+Provident+Societies+Act+1965+%28repealed%29&rft_id=http%3A%2F%2Fwww.statutelaw.gov.uk%2FlegResults.aspx%3FLegType%3DAll%2BPrimary%26PageNumber%3D62%26NavFrom%3D2%26activeTextDocId%3D1233768&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-23"><span class="mw-cite-backlink"><b><a href="#cite_ref-23">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.opsi.gov.uk/acts/acts2002/ukpga_20020020_en_1">"Industrial and Provident Societies Act 2002 (repealed)"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Industrial+and+Provident+Societies+Act+2002+%28repealed%29&rft_id=http%3A%2F%2Fwww.opsi.gov.uk%2Facts%2Facts2002%2Fukpga_20020020_en_1&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-24"><span class="mw-cite-backlink"><b><a href="#cite_ref-24">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.opsi.gov.uk/Acts/acts2003/ukpga_20030015_en_1">"Co-operatives and Community Benefit Societies Act 2003 (repealed)"</a>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Co-operatives+and+Community+Benefit+Societies+Act+2003+%28repealed%29&rft_id=http%3A%2F%2Fwww.opsi.gov.uk%2FActs%2Facts2003%2Fukpga_20030015_en_1&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-25"><span class="mw-cite-backlink"><b><a href="#cite_ref-25">^</a></b></span> <span class="reference-text">Legislative Reform (Industrial & Provident Societies and Credit Unions) Order 2011</span> </li> <li id="cite_note-fsa-26"><span class="mw-cite-backlink"><b><a href="#cite_ref-fsa_26-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://web.archive.org/web/20120601095559/http://www.fsa.gov.uk/static/pages/doing/small_firms/msr/pdf/lro-stakeholder-communication.pdf">"LRO info from FSA"</a> <span class="cs1-format">(PDF)</span>. Archived from <a rel="nofollow" class="external text" href="http://www.fsa.gov.uk/static/pages/doing/small_firms/msr/pdf/lro-stakeholder-communication.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 1 June 2012<span class="reference-accessdate">. Retrieved <span class="nowrap">14 May</span> 2012</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=LRO+info+from+FSA&rft_id=http%3A%2F%2Fwww.fsa.gov.uk%2Fstatic%2Fpages%2Fdoing%2Fsmall_firms%2Fmsr%2Fpdf%2Flro-stakeholder-communication.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-fsa2-27"><span class="mw-cite-backlink"><b><a href="#cite_ref-fsa2_27-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://docs.google.com/file/d/0B3k1mIyJumBSTXRCN1RMOXIyaXc/edit">"Investor Membership 20061220.pdf"</a>. <i>Google Docs</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Google+Docs&rft.atitle=Investor+Membership+20061220.pdf&rft_id=https%3A%2F%2Fdocs.google.com%2Ffile%2Fd%2F0B3k1mIyJumBSTXRCN1RMOXIyaXc%2Fedit&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-28"><span class="mw-cite-backlink"><b><a href="#cite_ref-28">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFMcCulloch2020" class="citation web cs1">McCulloch, Isla (27 October 2020). <a rel="nofollow" class="external text" href="https://www.uk.coop/sites/default/files/2020-10/community-shares-report-2020-final_0.pdf">"Understanding a Maturing Community Shares Market 2020"</a> <span class="cs1-format">(PDF)</span>. <i>Co-operatives UK</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Co-operatives+UK&rft.atitle=Understanding+a+Maturing+Community+Shares+Market+2020&rft.date=2020-10-27&rft.aulast=McCulloch&rft.aufirst=Isla&rft_id=https%3A%2F%2Fwww.uk.coop%2Fsites%2Fdefault%2Ffiles%2F2020-10%2Fcommunity-shares-report-2020-final_0.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-29"><span class="mw-cite-backlink"><b><a href="#cite_ref-29">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.uk.coop/resources/community-shares-handbook">"The Community Shares Handbook"</a>. <i>Co-operatives UK</i>. 24 August 2021.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=Co-operatives+UK&rft.atitle=The+Community+Shares+Handbook&rft.date=2021-08-24&rft_id=https%3A%2F%2Fwww.uk.coop%2Fresources%2Fcommunity-shares-handbook&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-b4rnips-30"><span class="mw-cite-backlink"><b><a href="#cite_ref-b4rnips_30-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite id="CITEREFForde2013" class="citation web cs1">Forde, Barry (10 April 2013). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20160314092244/http://b4rn.org.uk/wp-content/uploads/2011/11/B4RN-Business-Plan-v5-2.pdf">"Broadband for the Rural North Business Plan V5.2"</a> <span class="cs1-format">(PDF)</span>. Archived from <a rel="nofollow" class="external text" href="http://b4rn.org.uk/wp-content/uploads/2011/11/B4RN-Business-Plan-v5-2.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 14 March 2016<span class="reference-accessdate">. Retrieved <span class="nowrap">27 April</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Broadband+for+the+Rural+North+Business+Plan+V5.2&rft.date=2013-04-10&rft.aulast=Forde&rft.aufirst=Barry&rft_id=http%3A%2F%2Fb4rn.org.uk%2Fwp-content%2Fuploads%2F2011%2F11%2FB4RN-Business-Plan-v5-2.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-comben-31"><span class="mw-cite-backlink">^ <a href="#cite_ref-comben_31-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-comben_31-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-comben_31-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-comben_31-3"><sup><i><b>d</b></i></sup></a></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://communityshares.org.uk/directory?f%5B0%5D=field_ent_society_type%3A45">"Directory (Filter by type of society: community Benefit)"</a>. Community Shares<span class="reference-accessdate">. Retrieved <span class="nowrap">27 April</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Directory+%28Filter+by+type+of+society%3A+community+Benefit%29&rft.pub=Community+Shares&rft_id=http%3A%2F%2Fcommunityshares.org.uk%2Fdirectory%3Ff%255B0%255D%3Dfield_ent_society_type%253A45&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-mustips-32"><span class="mw-cite-backlink"><b><a href="#cite_ref-mustips_32-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://www.joinmust.org/docs/MUST_RULES.pdf">"RULES of I-MUST LIMITED"</a> <span class="cs1-format">(PDF)</span>. Manchester United Supporters' Trust<span class="reference-accessdate">. Retrieved <span class="nowrap">27 April</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=RULES+of+I-MUST+LIMITED&rft.pub=Manchester+United+Supporters%27+Trust&rft_id=http%3A%2F%2Fwww.joinmust.org%2Fdocs%2FMUST_RULES.pdf&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> <li id="cite_note-coopdir-33"><span class="mw-cite-backlink"><b><a href="#cite_ref-coopdir_33-0">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222"><cite class="citation web cs1"><a rel="nofollow" class="external text" href="http://communityshares.org.uk/directory?f%5B0%5D=field_ent_society_type%3A1">"Directory (Filter by type of society: co-operatives)"</a>. Community Shares<span class="reference-accessdate">. Retrieved <span class="nowrap">27 April</span> 2015</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Directory+%28Filter+by+type+of+society%3A+co-operatives%29&rft.pub=Community+Shares&rft_id=http%3A%2F%2Fcommunityshares.org.uk%2Fdirectory%3Ff%255B0%255D%3Dfield_ent_society_type%253A1&rfr_id=info%3Asid%2Fen.wikipedia.org%3AIndustrial+and+provident+society" class="Z3988"></span></span> </li> </ol></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Industrial_and_provident_society&action=edit&section=11" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><a rel="nofollow" class="external text" href="http://www.shares.coop">shares.coop - The Community Shares Marketplace</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20141129014718/http://www.shares.coop/">Archived</a> 29 November 2014 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a></li> <li><a rel="nofollow" class="external text" href="http://communityshares.org.uk/directory/list">Community Shares directory</a></li> <li><a rel="nofollow" class="external text" href="http://www.fsa.gov.uk/Pages/Doing/small_firms/MSR/Societies/">Industrial & Provident Societies</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20090616065930/http://www.fsa.gov.uk/pages/doing/small_firms/msr/societies/">Archived</a> 16 June 2009 at the <a href="/wiki/Wayback_Machine" title="Wayback Machine">Wayback Machine</a>, Financial Services Authority</li> <li><a rel="nofollow" class="external text" href="http://mutuals.fsa.gov.uk/Search.aspx">FSA Mutuals Public Register - searchable</a>, Financial Services Authority</li></ul> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output .navbox-group{white-space:nowrap;text-align:right}.mw-parser-output .navbox,.mw-parser-output .navbox-subgroup{background-color:#fdfdfd}.mw-parser-output .navbox-list{line-height:1.5em;border-color:#fdfdfd}.mw-parser-output .navbox-list-with-group{text-align:left;border-left-width:2px;border-left-style:solid}.mw-parser-output tr+tr>.navbox-abovebelow,.mw-parser-output tr+tr>.navbox-group,.mw-parser-output tr+tr>.navbox-image,.mw-parser-output tr+tr>.navbox-list{border-top:2px solid #fdfdfd}.mw-parser-output .navbox-title{background-color:#ccf}.mw-parser-output .navbox-abovebelow,.mw-parser-output .navbox-group,.mw-parser-output .navbox-subgroup .navbox-title{background-color:#ddf}.mw-parser-output .navbox-subgroup .navbox-group,.mw-parser-output .navbox-subgroup .navbox-abovebelow{background-color:#e6e6ff}.mw-parser-output .navbox-even{background-color:#f7f7f7}.mw-parser-output .navbox-odd{background-color:transparent}.mw-parser-output .navbox .hlist td dl,.mw-parser-output .navbox .hlist td ol,.mw-parser-output .navbox .hlist td ul,.mw-parser-output .navbox td.hlist dl,.mw-parser-output .navbox td.hlist ol,.mw-parser-output .navbox td.hlist ul{padding:0.125em 0}.mw-parser-output .navbox .navbar{display:block;font-size:100%}.mw-parser-output .navbox-title .navbar{float:left;text-align:left;margin-right:0.5em}body.skin--responsive .mw-parser-output .navbox-image img{max-width:none!important}@media print{body.ns-0 .mw-parser-output .navbox{display:none!important}}</style></div><div role="navigation" class="navbox" aria-labelledby="Cooperatives_and_mutual_organizations" style="padding:3px"><table class="nowraplinks mw-collapsible autocollapse navbox-inner" style="border-spacing:0;background:transparent;color:inherit"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239400231"><div class="navbar plainlinks hlist navbar-mini"><ul><li class="nv-view"><a href="/wiki/Template:Co-operatives" title="Template:Co-operatives"><abbr title="View this template">v</abbr></a></li><li class="nv-talk"><a href="/wiki/Template_talk:Co-operatives" title="Template talk:Co-operatives"><abbr title="Discuss this template">t</abbr></a></li><li class="nv-edit"><a href="/wiki/Special:EditPage/Template:Co-operatives" title="Special:EditPage/Template:Co-operatives"><abbr title="Edit this template">e</abbr></a></li></ul></div><div id="Cooperatives_and_mutual_organizations" style="font-size:114%;margin:0 4em"><a href="/wiki/Cooperative" title="Cooperative">Cooperatives</a> and <a href="/wiki/Mutual_organization" title="Mutual organization">mutual organizations</a></div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Organizations" style="font-size:114%;margin:0 4em">Organizations</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">By governance</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;">Primary cooperative (<a href="/wiki/List_of_cooperatives" title="List of cooperatives">list</a>)</th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Consumers%27_co-operative" title="Consumers' co-operative">Consumer</a></li> <li><a href="/wiki/Worker_cooperative" title="Worker cooperative">Worker</a> (<a href="/wiki/List_of_worker_cooperatives" title="List of worker cooperatives">list</a>)</li> <li><a href="/wiki/Purchasing_cooperative" title="Purchasing cooperative">Purchasing</a></li> <li><a href="/wiki/Retailers%27_cooperative" title="Retailers' cooperative">Retailer</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;"><a href="/wiki/Cooperative_federation" title="Cooperative federation">Federation</a> (<a href="/wiki/List_of_co-operative_federations" title="List of co-operative federations">list</a>)</th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/International_Co-operative_Alliance" class="mw-redirect" title="International Co-operative Alliance">International Co-operative Alliance</a></li> <li><a href="/wiki/Co-operative_wholesale_society" title="Co-operative wholesale society">Cooperative wholesale society</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">By product</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;"><a href="/wiki/Cooperative_banking" title="Cooperative banking">Banking</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Credit_union" title="Credit union">Credit union</a></li> <li><a href="/wiki/Mutual_savings_bank" title="Mutual savings bank">Mutual savings bank</a></li> <li><a href="/wiki/Savings_and_loan_association" title="Savings and loan association">Savings and loan association</a></li> <li><a href="/wiki/Building_society" title="Building society">Building society</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;"><a href="/wiki/Housing_cooperative" title="Housing cooperative">Housing</a></th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Building_cooperative" title="Building cooperative">Building</a></li> <li><a href="/wiki/Cohousing" title="Cohousing">Cohousing</a></li> <li><a href="/wiki/Student_housing_cooperative" title="Student housing cooperative">Student housing</a></li> <li><a href="/wiki/Housing_society" class="mw-redirect" title="Housing society">Housing society</a> <ul><li><a href="/wiki/Egalitarian_community" title="Egalitarian community">egalitarian</a></li> <li><a href="/wiki/Intentional_community" title="Intentional community">commune</a></li></ul></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;"><a href="/wiki/Agricultural_cooperative" title="Agricultural cooperative">Agricultural</a></th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Collective_farming" title="Collective farming">Collective farming</a></li> <li><a href="/wiki/Hoedads_Reforestation_Cooperative" title="Hoedads Reforestation Cooperative">Reforestation</a></li> <li><a href="/wiki/Winemaking_cooperative" title="Winemaking cooperative">Winemaking</a></li> <li><a href="/wiki/Wheat_pools_in_Canada" title="Wheat pools in Canada">Wheat pool</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;"><a href="/wiki/Utility_cooperative" title="Utility cooperative">Utility</a> (<a href="/wiki/List_of_utility_cooperatives" title="List of utility cooperatives">list</a>)</th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Community_wind_energy" title="Community wind energy">Community wind energy</a></li> <li><a href="/wiki/Electric_cooperative" class="mw-redirect" title="Electric cooperative">Electric</a></li> <li><a href="/wiki/Telephone_cooperative" class="mw-redirect" title="Telephone cooperative">Telephone</a></li> <li><a href="/wiki/Municipal_broadband" title="Municipal broadband">Broadband</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;">Insurance</th><td class="navbox-list-with-group navbox-list navbox-odd" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Health_insurance_cooperative" title="Health insurance cooperative">Health insurance cooperative</a></li> <li><a href="/wiki/Mutual_insurance" title="Mutual insurance">Mutual insurance</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:7.4em;font-weight:normal;">Other</th><td class="navbox-list-with-group navbox-list navbox-even" style="padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Food_cooperative" title="Food cooperative">Food</a> <ul><li><a href="/wiki/List_of_food_cooperatives" title="List of food cooperatives">list</a></li></ul></li> <li><a href="/wiki/Recycling_cooperative" title="Recycling cooperative">Recycling</a></li> <li><a href="/wiki/Platform_cooperative" title="Platform cooperative">Platform</a></li> <li><a href="/wiki/Media_cooperative" title="Media cooperative">Media</a></li> <li><a href="/wiki/Social_cooperative" title="Social cooperative">Social services</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Other</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Friendly_society" title="Friendly society">Friendly society</a></li> <li><a href="/wiki/Agent-owned_company" title="Agent-owned company">Agent-owned company</a></li> <li><i><a href="/wiki/Stokvel" title="Stokvel">Stokvel</a></i></li> <li><i><a href="/wiki/Artel" title="Artel">Artel</a></i></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td colspan="2" class="navbox-list navbox-odd hlist" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks mw-collapsible mw-collapsed navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="col" class="navbox-title" colspan="2"><div id="Topics" style="font-size:114%;margin:0 4em">Topics</div></th></tr><tr><td colspan="2" class="navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Identity</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Rochdale_Principles" title="Rochdale Principles">Rochdale Principles</a></li> <li><a href="/wiki/Statement_on_the_Co-operative_Identity" class="mw-redirect" title="Statement on the Co-operative Identity">ICA Statement on the Cooperative Identity</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Political and<br />economic theories</div></th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Co-operative_economics" title="Co-operative economics">Co-operative economics</a></li> <li><a href="/wiki/Co-operative_federalism" class="mw-redirect" title="Co-operative federalism">Cooperative federalism</a></li> <li><a href="/wiki/Distributism" title="Distributism">Distributism</a></li> <li><a href="/wiki/Economic_democracy" title="Economic democracy">Economic democracy</a></li> <li><a href="/wiki/Guild_socialism" title="Guild socialism">Guild socialism</a></li> <li><a href="/wiki/Mutualism_(economic_theory)" title="Mutualism (economic theory)">Mutualism</a></li> <li><a href="/wiki/Neo-capitalism" title="Neo-capitalism">Neo-capitalism</a></li> <li><a href="/wiki/Owenism" title="Owenism">Owenism</a></li> <li><a href="/wiki/Social_enterprise" title="Social enterprise">Social enterprise</a></li> <li><a href="/wiki/Socialism" title="Socialism">Socialism</a></li> <li><a href="/wiki/Socially_responsible_investing" title="Socially responsible investing">Socially responsible investing</a></li> <li><a href="/wiki/Solidarity_economy" title="Solidarity economy">Solidarity economy</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Key theorists</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/G._D._H._Cole" title="G. D. H. Cole">G. D. H. Cole</a></li> <li><a href="/wiki/Charles_Gide" title="Charles Gide">Charles Gide</a></li> <li><a href="/wiki/David_Griffiths_(co-operative_economist)" title="David Griffiths (co-operative economist)">David Griffiths</a></li> <li><a href="/wiki/William_King_(physician)" title="William King (physician)">William King</a></li> <li><a href="/wiki/Robert_Owen" title="Robert Owen">Robert Owen</a></li> <li><a href="/wiki/Friedrich_Wilhelm_Raiffeisen" title="Friedrich Wilhelm Raiffeisen">Friedrich Wilhelm Raiffeisen</a></li> <li><a href="/wiki/David_Schweickart" title="David Schweickart">David Schweickart</a></li> <li><a href="/wiki/Rochdale_Society_of_Equitable_Pioneers" title="Rochdale Society of Equitable Pioneers">Rochdale Pioneers</a></li> <li><a href="/wiki/Beatrice_Webb" title="Beatrice Webb">Beatrice Webb</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">By region</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Farmers%27_Storehouse_Company" title="Farmers' Storehouse Company">Canada</a></li> <li><a href="/wiki/Ukrainian_cooperative_movement" title="Ukrainian cooperative movement">Ukraine</a></li> <li><a href="/wiki/British_co-operative_movement" title="British co-operative movement">United Kingdom</a></li> <li><a href="/wiki/History_of_cooperatives_in_the_United_States" title="History of cooperatives in the United States">United States</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Political parties</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Co-operative_Commonwealth_Federation" title="Co-operative Commonwealth Federation">Co-operative Commonwealth Federation</a> (Canada)</li> <li><a href="/wiki/United_Farmers_of_Alberta" title="United Farmers of Alberta">United Farmers of Alberta</a> (Canada)</li> <li><a href="/wiki/Co-operative_Party" title="Co-operative Party">Co-operative Party</a> (UK)</li> <li><a href="/wiki/Nepal_Co-operative_Party" title="Nepal Co-operative Party">Nepal Co-operative Party</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr></tbody></table><div></div></td></tr><tr><td class="navbox-abovebelow hlist" colspan="2"><div> <ul><li><a href="/wiki/History_of_the_cooperative_movement" title="History of the cooperative movement">History of the cooperative movement</a></li> <li><a href="/wiki/.coop" title=".coop">.coop</a></li></ul> </div></td></tr></tbody></table></div> <!-- NewPP limit report Parsed by mw鈥恮eb.codfw.main鈥恌69cdc8f6鈥恜dn6j Cached time: 20241122145055 Cache expiry: 2592000 Reduced expiry: false Complications: [vary鈥恟evision鈥恠ha1, show鈥恡oc] CPU time usage: 0.692 seconds Real time usage: 0.843 seconds Preprocessor visited node count: 2895/1000000 Post鈥恊xpand include size: 146877/2097152 bytes Template argument size: 9410/2097152 bytes Highest expansion depth: 18/100 Expensive parser function count: 7/500 Unstrip recursion depth: 1/20 Unstrip post鈥恊xpand size: 126475/5000000 bytes Lua time usage: 0.426/10.000 seconds Lua memory usage: 6696665/52428800 bytes Number of Wikibase entities loaded: 0/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 730.556 1 -total 41.95% 306.466 1 Template:Reflist 16.02% 117.052 27 Template:Cite_web 15.01% 109.684 1 Template:Corporate_law 14.70% 107.367 1 Template:Sidebar_with_collapsible_lists 14.52% 106.069 1 Template:Cite_act 12.94% 94.557 1 Template:Short_description 12.10% 88.377 1 Template:Multiple_issues 10.20% 74.522 8 Template:Main_other 10.05% 73.408 1 Template:Co-operatives --> <!-- Saved in parser cache with key enwiki:pcache:idhash:2181067-0!canonical and timestamp 20241122145055 and revision id 1244319881. 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