OpenLegislation

Article 86b DefinitionsF1

United Kingdom

Original text. Later amendments are not shown.

For the purposes of this Chapter:

  1. (1)

    ‘ company ’ means a limited liability company of a type listed in Annex II that carries out a cross-border conversion;

  2. (2)

    ‘ cross-border conversion ’ means an operation whereby a company, without being dissolved or wound up or going into liquidation, converts the legal form under which it is registered in a departure Member State into a legal form of the destination Member State, as listed in Annex II, and transfers at least its registered office to the destination Member State, while retaining its legal personality;

  3. (3)

    ‘ departure Member State ’ means a Member State in which a company is registered prior to a cross-border conversion;

  4. (4)

    ‘ destination Member State ’ means a Member State in which a converted company is registered as a result of a cross-border conversion;

  5. (5)

    ‘ converted company ’ means a company formed in a destination Member State as a result of a cross-border conversion.

Annotations

Textual amendments

F1

Inserted by Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions (Text with EEA relevance).

Notes on Title II

Textual amendments

F1

Substituted by Directive (EU) 2019/2121 of the European Parliament and of the Council of 27 November 2019 amending Directive (EU) 2017/1132 as regards cross-border conversions, mergers and divisions (Text with EEA relevance).