Can an existing unincorporated association or charitable trust convert to a CIO?
There is no conversion process set out in the Charities Act 2011 nor in nay other regulations for unincorporated associations or
The process would be as follows:-
- Register a new CIO.
- Transfer the assets, liabilities and undertakings of the unincorporated charity to the CIO and settle any liabilities.
You will require the agreement of creditors or counterparties to make such a transfer.
- Close down the unincorporated charity in accordance with the provisions contained in its governing document.
- Apply to the Charity Commission to have the unincorporated charity removed from the register of charities.