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<p>The Government does not hold official statistics on co-operatives. Relevant data
is held by the Financial Conduct Authority, some of which they publish online.</p><p>
</p><p> </p><p> </p><p>The legislative function for co-operative and community benefit
societies resides with HM Treasury; there are currently no plans to change this.</p><p>
</p><p> </p><p> </p><p>The Financial Conduct Authority is the registrar for co-operatives
and community benefit societies. It has no regulatory functions over societies which
are not also authorised to carry out financial services activities.</p><p> </p><p>
</p><p> </p><p>The Government is content that the legislative framework in place supports
innovation in co-operative capital. The government has implemented a package of measures
this year to strengthen the co-operative sector. This includes increasing the amount
of withdrawable share capital an individual can invest in a society from £20,000 to
£100,000, making it easier and cheaper for co-operative societies to raise capital.</p><p>
</p><p> </p><p> </p>
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