Community Interest Companies

Trade and Industry written question – answered on 4th February 2004.

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Photo of Stephen O'Brien Stephen O'Brien Shadow Secretary of State for Business, Innovation and Skills, Shadow Secretary of State for Industry

To ask the Secretary of State for Trade and Industry what estimate she has made of the likely level of demand for community interest companies over the next five years.

Photo of Jacqui Smith Jacqui Smith Minister of State (Industry and the Regions and Deputy Minister for Women), Department of Trade and Industry

holding answer 29 January 2004

The Regulatory Impact Assessment of the Companies (Audit, Investigations and Community Enterprise) Bill, published by the Department in December 2003, used a working assumption that initially between 100 and 300 new community interest companies might register each year.

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