{"longTitle":"To make provision for societies to be registered as co-operative or community benefit societies and to re-name the Industrial and Provident Societies Acts; to apply to registered societies the provisions relating to directors’ disqualification and to make provision for the application of certain other enactments relating to companies; to confer power to make provision for credit unions corresponding to any provision applying to building societies; and for connected purposes.","summary":"<p>The purpose of the Bill is to reform the law governing industrial and provident societies.</p><p><strong>Key areas</strong></p><ul><li>Requires new industrial and provident societies other than credit unions to be registered as co-operative or community benefit societies </li><li>Renames the Industrial and Provident Societies Acts</li><li>Applies the Company Directors Disqualification Act 1986 to industrial and provident societies</li><li>Gives the Treasury powers to apply company law on investigation of companies, company names and dissolution and restoration to the register to industrial and provident societies </li><li>Gives the Treasury powers to make provisions for credit unions corresponding to provisions applying to building societies.</li></ul>","sponsors":[{"member":{"memberId":156,"name":"Malcolm Wicks","party":"Labour","partyColour":"d50000","house":"Commons","memberPhoto":"https://members-api.parliament.uk/api/Members/156/Thumbnail","memberPage":"https://members.parliament.uk/member/156/contact","memberFrom":"Croydon North"},"organisation":null,"sortOrder":1}],"promoters":[],"petitioningPeriod":null,"petitionInformation":null,"agent":null,"billId":404,"shortTitle":"Co-operative and Community Benefit Societies and Credit Unions Bill","formerShortTitle":null,"currentHouse":"Lords","originatingHouse":"Commons","lastUpdate":"2009-11-13T11:05:34","billWithdrawn":null,"isDefeated":false,"billTypeId":7,"introducedSessionId":22,"includedSessionIds":[22],"isAct":false,"currentStage":{"id":2502,"stageId":2,"sessionId":22,"description":"2nd reading","abbreviation":"2R","house":"Lords","stageSittings":[{"id":2354,"stageId":2,"billStageId":2502,"billId":404,"date":"2009-07-10T00:00:00"}],"sortOrder":7}}