Written Question·Department for Business and Trade·UIN 40144
Regulator of Community Interest Companies
Tabled: 21 March 2025
Answered: 31 March 2025
Question
Sir John Hayes
Conservative — South Holland and The Deepings
To ask the Secretary of State for Business and Trade, what estimate he has made of the potential savings to the public purse of abolishing the Office of the Regulator of Community Interest Companies.
Answer
Justin MaddersThe Office of the Regulator of Community Interest Companies (“CICs”) (“the Regulator”) plays a crucial role in maintaining the CIC model as an effective form of social enterprise. By exploiting the considerable overlap between the Regulator and Companies ...
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