The general idea behind the Community Interest Companies (CIC) is to have available a custom made legal vehicle for community and social enterprises where the profits are to be made available for public work. However, a more focused Community Interest Test is in place which has been said to make the implementation of such companies impossible. Further, it has been said that the Regulator of CIC does not seem to have proper guidance as what constitutes a Community Interest Company. Do you agree with the above statement? Discuss. DETAIL: 2nd Year, Undergraduate, Company Law, University of Liverpool SUBJECT: COMPANY LAW ASSIGNMENT