Review of the Co-Operative & Community Benefits Societies Act 2014 – Update

You may remember that, back in February 2024, we published an article to let everyone know about a planned review of this legislation.

We’ve now been advised by the Law Commission that, due to the timing of the General Election, this has been delayed to enable any new minister to be briefed about the project before the consultation goes live. It’s now expected to be after the summer.

The Law Commission is a statutory independent body created by the Law Commissions Act 1965 to keep the law of England and Wales under review and to recommend reform where it is needed. It’s aim is to ensure that the law is

• Fair
• Modern
• Simple
• Cost Effective