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Ramphal Institute re-registered as CIO

 

The Ramphal Institute on 21st November 2023 changed its registered status from a Charitable Incorporate Company (CIC) to that of a foundation type Charitable Incorporated Organisation (CIO), making it one of the first Commonwealth organisations in England and Wales to adopt the new legal status.

The new registered status as a CIO required the Institute to adopt a new legal structure using legislation which came into effect in 2018 for non-profit organisations and charities. As a result of this change, the Institute is now registered with only the Charities Commission and is no longer subject to company legislation or registered with Companies House.

Beyond the changes in terms of legal personality, the shift to Foundation CIO status has important implications for the Institute and the main benefits have to do with its legal personality (the Institute is now able to enter contracts, sue and be sued, and to hold property in its own name – rather than in the name of its trustees), and its members have limited liability (their liability in the event the charity becomes insolvent is limited or nil). The shift to CIO status is also expected to be more cost-effective and simpler structure than a company limited by guarantee, especially as it relates to filing of its accounts.

The shift does not affect the priority areas of work or the programmes and activities offered by the Institute.

The Charitable Incorporated Organisation (CIO) is an alternative legal form for a charity. Part 11 of the Charities Act 2011 creates the basic legal framework, complemented by the Charitable Incorporated Organisations (General) Regulations 2012, the Charities Act 2011 (Charitable Incorporated Organisations) (Constitutions) Regulations 2012 and the Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012. Regulations to enable the conversion of existing charitable companies and community interest companies to charitable incorporated organisations came into force on 1 January 2018 (although applications for conversion of community interest companies will apparently not be accepted until September 2018 and further guidance is expected from the Charity Commission).

Past projects

  • Ramphal Institute Air Pollution Symposium Series

  • The Commonwealth: Optimising Networks and Opportunities for the 21st Century

  • Agriculture

  • Migration & Development

  • Developing Countries Tax Base

  • Easing Visa Restrictions

  • Islamic Finance for Development

  • Migration, Diaspora & Agriculture

  • Small Island Developing States (SIDS) and Small Farmers

  • Sustainable Development Goals (SDGs) and Commonwealth Small States

  • Education and Sustainable Development Goals

  • BREXIT and Third Countries

  • Megacities