Comments on: CIC | The Achilles Heel

By: adrian ashton

adrian ashton — Wed, 15 Apr 2009 19:30:45 +0000

and for those of you interested in seeing how my original concerns are now being acted on by the CIC regulator, please see - http://thirdsectorexpert.blogspot.com/2009/04/shortly-after-community-interest.html Adrian Ashton

By: adrian ashton

adrian ashton — Wed, 07 May 2008 18:45:34 +0000

well, seems like Big Issue and a number of CICs are now joining the “disgruntled with CICs” ranks – [url]http://www.charityfinance.co.uk/home/content.php?id=1884&pg=15&cat=30[/url]
(nice of the bigger guys in the sector to catch up with my concerns with this legal model’s current form that I raised nearly 2 years ago now!)

By: adrian ashton

adrian ashton — Tue, 19 Feb 2008 08:38:22 +0000

for people still interested in this debate/discussion/etc, there’s now a 2-part podcast of an interview between myself and Dave Dawes (well known in social enterprose health circles, and founder of a CIC) available to download at:
http://www.entreprenurses.net/podcast/ – and choose podacsts 7 and 8 (but be warned that part 1 is not suitable for children…you’ll have to listen to find out why)

By: adrian ashton

adrian ashton — Tue, 11 Sep 2007 20:21:14 +0000

anyone else out there noticed the CIC regulator has some further ‘unusual’ powers?
for example: as well as being able to change directors at will, the regulator can also impose restrictions on their trading activities and instigate civil proceedings against an individual or other organisation in the name of a CIC – and all without their, or their community’s, consent…
None of the CICs I’ve met to date knew about these powers that they’re subject to, nor that the asset lock is not unique to a CIC (and all having taking “expert advice”)
I’ve also been trying to have conversations with national support bodies to see how they’ve been able to rencile some of these powers and the rules of CICs to co-op and social enterprise values (in as much as they’re encouraging and supporing groups to register as CICs), but so far without success – would be grateful if anyone could broker an introduction?