From 1 August 2014 it was repealed and replaced by the consolidating Co-operative and Community Benefit Societies Act 2014.

In the UK, and some Commonwealth countries, many co-operatives are registered as industrial and provident societies.

[citation needed] Since 2014 the applicable laws now explicitly name co-operatives and community benefit societies in their titles.

[1] In January 2012 the UK Prime Minister, David Cameron announced a project to consolidate all the legislation applicable to industrial and provident societies.

[4] The enactment of the Co-operative and Community Benefit Societies Act 2014 completed the reform process.