Our village shop is community-owned and run, with an annual turnover of £42,000pa, yet as an industrial and provident society (which we were advised to become by one of the government advisers at that time) we come under FSA regulation.  This is not only absurd but costly and time consuming for such a small body run by volunteers. 

Why is this idea important?

As I say above, for a very small community-owned village shop to be regulated by the FSA is not only absurd but costly and time consuming for a the shop committee volunteers.  To de-register as an industrial and provident society would also cost us more money than we can afford.

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