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Bill · started in the Commons

Small and Medium Sized Co-operative Development Bill

A Bill to 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.

In progress Current stage: 2nd reading (Commons)

The story so farThe Small and Medium Sized Co-operative Development Bill was introduced in the House of Commons on 8 November 2016 by Mr Adrian Bailey (Labour). It is now at second reading in the House of Commons. Second reading is the first debate on the overall principle of the bill; if the bill clears it, detailed committee scrutiny follows.

Progress through Parliament

  1. 1st reading Commons 8 Nov 2016
  2. 2nd reading Commons Current

Source: the official bill page. Last updated 30 Jan 2017.