A question on #RegulatorOfCommunityInterestCompanies tabled by Sir John Hayes on 21-03-2025 has been answered by Justin Madders.

Heading: Regulator of Community Interest Companies
Question ID: 1787212
UIN: 40144
House: Commons
Date tabled: 2025-03-21
Asking Member ID: 350
Asking Member display name: Sir John Hayes
Asking Member handle:
Asking Member Twitter reference: Sir John Hayes
Member interest: false
Question text: To ask the Secretary of State for Business and Trade, what estimate he has made of the potential savings to the public purse of abolishing the Office of the Regulator of Community Interest Companies.
Is named day: false
Date of holding answer:
Date answered: 2025-03-31
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4418
Answering Member display name: Justin Madders
Answering Member handle: justinmadders
Answering Member Twitter reference: @justinmadders
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The Office of the Regulator of Community Interest Companies (“CICs”) (“the Regulator”) plays a crucial role in maintaining the CIC model as an effective form of social enterprise. By exploiting the considerable overlap between the Regulator and Companies ...
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true