# The Companies (Cross-Border Mergers) Regulations 2007 (revoked) S.I. 2007/2974 · made 15 October 2007 · revised to 4 January 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . PDFs: Printed copy https://openlegislation.uk/companies-cross-border-mergers-regulations-2007-revoked/pdf/uksi_20072974_en.pdf; Explanatory Memorandum https://openlegislation.uk/companies-cross-border-mergers-regulations-2007-revoked/pdf/uksiem_20072974_en.pdf ## Introductory text COMPANIES Made 15th October 2007 Laid before Parliament 16th October 2007 Coming into force 15th December 2007 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 1: GENERAL ## 1 Citation and commencement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Meaning of “cross-border merger” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 The Companies Act 2006 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Unregistered companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 2: PRE-MERGER REQUIREMENTS ## 6 Court approval of pre-merger requirements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 7 Draft terms of merger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 8 Directors' report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9 Independent expert's report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 9A Circumstances in which independent expert’s report not required . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 10 Inspection of documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 11 Power of court to summon meeting of members or creditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 12 Public notice of receipt of registered documents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 12A Publication of draft terms of merger on company website . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 13 Approval of members in meeting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 14 Approval of creditors in meeting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 15 Documents to be circulated or made available . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 3: COURT APPROVAL OF CROSS-BORDER MERGER ## 16 Court approval of cross-border merger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 17 Consequences of a cross-border merger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 18 Copy of order to be provided to members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 19 Copy of order to be delivered to the registrar of companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 20 Obligations of transferee company with respect to articles etc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 21 Notification of registration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 4: EMPLOYEE PARTICIPATION ### Chapter 1: APPLICATION OF THIS PART ## 22 Application of this Part . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 2: MERGING COMPANIES AND THE SPECIAL NEGOTIATING BODY ## 23 Duty on merging company to provide information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 24 Complaint of failure to provide information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 25 The special negotiating body . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 26 Composition of the special negotiating body . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 27 Complaint about establishment of special negotiating body . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 3: NEGOTIATION OF THE EMPLOYEE PARTICIPATION AGREEMENT ## 28 Negotiations to reach an employee participation agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 29 The employee participation agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 30 Decisions of the special negotiating body . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 31 Decision not to open or to terminate negotiations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 32 Complaint about decisions of special negotiating body . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 4: ELECTION OF UNITED KINGDOM MEMBERS OF THE SPECIAL NEGOTIATING BODY ## 33 Ballot arrangements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 34 Conduct of the ballot . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 35 Representation of employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 5: STANDARD RULES OF EMPLOYEE PARTICIPATION IN A UK TRANSFEREE COMPANY ## 36 Merging Companies may select standard rules of employee participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 37 Application of the standard rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 38 The standard rules of employee participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 39 Limit on level of employee participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 40 Subsequent domestic mergers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 6: CONFIDENTIAL INFORMATION ## 41 Duty of confidentiality . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 42 Withholding of information by the transferee or merging company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 7: PROTECTION FOR EMPLOYEES AND MEMBERS OF SPECIAL NEGOTIATING BODY, ETC. ## 43 Right to time off for members of special negotiating body, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 44 Right to remuneration for time off under regulation 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 45 Right to time off: complaints to employment tribunals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 45A Extension of time limit to facilitate conciliation before institution of proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 46 Unfair dismissal of employee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 47 Unfair dismissal of member of special negotiating body, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 48 Subsidiary provisions relating to unfair dismissal . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 49 Detriment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 50 Detriment for member of special negotiating body, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 51 Detriment: enforcement and subsidiary provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 52 Conciliation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 8: COMPLIANCE AND ENFORCEMENT ## 53 Disputes about operation of an employee participation agreement or the standard rules of employee participation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 54 Misuse of procedures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 55 Penalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 56 Exclusivity of remedy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ### Chapter 9: MISCELLANEOUS ## 57 CAC proceedings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 58 Appeal Tribunal: location of certain proceedings under these Regulations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 59 Appeal Tribunal: appeals from employment tribunals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 60 ACAS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 61 Restrictions on contracting out: general . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 62 Restrictions on contracting out: Chapter 7 of this Part . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 63 Amendments to the Employment Act 2002 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 64 Amendments to the Employment Appeal Tribunal Rules 1993 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Part 5: AMENDMENTS TO LEGISLATION ON INSOLVENCY ## 65 Insolvency Act 1986 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 66 Insolvency (Northern Ireland) Order 1989 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Signature . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule 1: Transitional modifications where provisions of Companies Act 2006 not in force ## 1 Regulation 3(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 2 Regulation 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 3 Regulations 7 and 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 4 Regulation 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 5 Regulations 12 and 19 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## 6 Regulation 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ## Schedule 2: Application of the Regulations in relation to Northern Ireland ## 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Source: legislation.gov.uk, The National Archives.