{
  "url": "https://openlegislation.uk/eu-directive-2007-36/article-3d",
  "json_url": "https://openlegislation.uk/eu-directive-2007-36/article-3d.json",
  "legislation": "eudr/2007/36",
  "legislation_title": "Directive 2007/36/EC of the European Parliament and of the Council of 11 July 2007 on the exercise of certain rights of shareholders in listed companies",
  "legislation_url": "https://openlegislation.uk/eu-directive-2007-36",
  "path": "article/3d",
  "kind": "article",
  "number": "3d",
  "heading": "Non-discrimination, proportionality and transparency of costs",
  "text": "1. Member States shall require intermediaries to disclose publicly any applicable charges for services provided for under this Chapter separately for each service.\n2. Member States shall ensure that any charges levied by an intermediary on shareholders, companies and other intermediaries shall be non-discriminatory and proportionate in relation to the actual costs incurred for delivering the services. Any differences between the charges levied between domestic and cross-border exercise of rights shall be permitted only where duly justified and where they reflect the variation in actual costs incurred for delivering the services.\n3. Member States may prohibit intermediaries from charging fees for the services provided for under this Chapter.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Inserted by Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement (Text with EEA relevance)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudr/2007/36/article/3d",
    "retrieved_at": "2026-11-01T15:22:27.164053+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}