The purpose of this Bill is to regulate social enterprise organisations, to establish the Regulator and the Register for Social Enterprise Organisations and to provide for a framework for benefits to be enjoyed by such social enterprise organisations. The Bill also caters for variations in special laws relating to companies, partnerships and co-operatives so as to reflect the principles of the Act and seeks to reflect into Maltese law the principles provided for in the European Union Commission Regulation No. 651/2014 of 17th June 2014.