Small and Medium Sized Co-operative Development Bill 2016-17
remove the requirement for small co-operative societies to appoint lay auditors; to increase the threshold for co-operative societies to disapply the full audit requirement to the same level as PLCs; to require auditors to report contingent on a threshold of share capital instead of turnover or on a special resolution at a general meeting; and for connected purposes.
Private Members' Bill (under the Ten Minute Rule)
The Small and Medium Sized Co-operative Development Bill was a Ten Minute Rule Bill tabled by Adrian Bailey.
Is this Bill currently before Parliament?No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2016-17 Session.
Whose idea is this Bill?As a Private Members' Bill, this Bill represents the individual initiative of an MP (Adrian Bailey), not the Government.
What type of Bill is this?A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.
So is this going to become a law?No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.
Would you like to know more?See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill
Supporters: Barry Sheerman (LAB), Louise Ellman (Ind), Stephen Doughty (LAB), Luciana Berger (LD), Gavin Shuker (Ind), Anna Turley (LAB), Christina Rees (LAB)
Official Bill Page All Bill Debates
Next Event: There is no future stage currently scheduled for this bill
Last Event: Tuesday 8th November 2016 - 1st reading: House of Commons
Bill Progession through Parliament