# Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE), Article 1

Extent: E+W+S+N.I.

1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. The capital of a UK Societas shall be divided into shares. No shareholder shall be liable for more than the amount he has subscribed.
3. A UK Societas shall have legal personality.
4. Employee involvement in a UK Societas shall be governed by the provisions of—
(a) for England and Wales and for Scotland, the 2009 Employee Involvement (GB) Regulations; or
(b) for Northern Ireland, the 2009 Employee Involvement (NI) Regulations.

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Source: https://www.legislation.gov.uk/eur/2001/2157/article/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-2001-2157/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.