A Bill to enable co-operative and community benefit societies to raise external share capital for the purpose of making environmentally sustainable investment; to make associated provisions about restricting conversion to company status and the distribution of capital on winding-up; and for connected purposes.
This Bill would let co‑operative and community benefit societies raise money by selling shares to external investors to fund environmentally sustainable investments. It also includes rules to stop these societies from becoming ordinary companies and to govern how any capital is handled if the society winds up.
The bill is at its second reading in the House of Commons. If it progresses, it would move to committee stage for detailed examination.
Generated 21 February 2026
This Bill had its second reading on Friday 11 September 2020 but was withdrawn by the sponsoring MP, Anna McMorrin.
No recorded votes for this bill yet.
