Textual Amendments
F1Pt. 1 Ch. 5A inserted (1.10.2010 for specified purposes, 1.11.2012 in so far as not already in force) by Public Services Reform (Scotland) Act 2010 (asp 8), ss. 125(1), 134(7); S.S.I. 2010/321, art. 3, Sch.; S.S.I. 2012/218, art. 2
(1)A charity may be constituted as a Scottish charitable incorporated organisation (a “SCIO”).
(2)A SCIO is a body corporate having—
(a)a constitution,
(b)a principal office in Scotland,
(c)2 or more members.
(3)Its membership may, but need not, consist of or include some or all of its charity trustees.
(4)The members are not liable to contribute to the assets of the SCIO if it is wound up.
Commencement Information
I1S. 49 in force at 1.4.2011 by S.S.I. 2011/20, art. 2(3)(a)