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.
House of Commons
Anna McMorrinLabour (Co-op)
4 May 2021
May contain errors — check source documents for definitive information.
The bill would let co‑operative and community benefit societies raise money from outside investors by selling shares to fund environmentally sustainable investments. It also sets rules about when these societies can convert to a standard company and how any remaining capital must be handled if the society winds up.
The bill is currently at the Second Reading in the House of Commons. It originated in the Commons, with First Reading on 5 February 2020 and Second Reading on 11 September 2020.
Generated 21 February 2026
5 Feb 2020
11 Sept 2020
This Bill had its second reading on Friday 11 September 2020 but was withdrawn by the sponsoring MP, Anna McMorrin.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.
