# Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE), Article 38

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

Under the conditions laid down by this Regulation a UK Societas shall comprise:
(a)a general meeting of shareholders and
(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.

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Source: https://www.legislation.gov.uk/eur/2001/2157/article/38 (the official version)
Page: https://openlegislation.uk/eu-regulation-2001-2157/article-38
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.