Public benefit corporations

• Details
• Tagged entities

Properties

SES ID

• 12310

Notation

• 12310

In scheme

• Subject

Broader

• Public companies

Definition

• Legal entity created under Health and Social Care (Community Health and Standards) Act 2003 as new model for public ownership, particularly of NHS foundation trusts. Based on cooperative and mutual traditions and owned collectively by local people, staff and other stakeholders, and with local accountability.