OpenLegislation

Article 38

United Kingdom

Original text. Later amendments are not shown.

Under the conditions laid down by this Regulation F1a UK Societas shall comprise:

  1. (a)

    a general meeting of shareholders and

  2. (b)

    either a supervisory organ and a management organ (two-tier system) or an administrative organ (one-tier system) depending on the form adopted in the statutes.

Annotations

Textual amendments

F1

Words in Art. 38 substituted (31.12.2020) by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 111 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1)

Notes on Title III

Textual amendments

F1

Words in Title 3 heading substituted (31.12.2020) by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 110 (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1)