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Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Loading bill description and supporting context. This card will show the bill title, sponsoring MP or Lord, current stage in Parliament, voting outcome, and a plain-English summary of what the bill proposes once data arrives.

Co-operatives, Mutuals and Friendly Societies Act 2023

Gives co-ops, mutual insurers, and friendly societies the option to legally lock in their assets so they can only be used for their core purpose, preventing them from being sold off or split up.

A Bill to make provision to permit the capital surplus of co-operatives, mutuals and friendly societies to be non-distributable; and for connected purposes.

Status: Act of Parliament

Current House: Unassigned

Stage: Royal Assent

Sponsored by: Sir Mark Hendrick, Lord Kennedy of Southwark

Introduced: 2022-06-15

Royal Assent: 2023-06-29