# Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE), Article 39

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

1. The management organ shall be responsible for managing the UK Societas. ....
2. The member or members of the management organ shall be appointed and removed by the supervisory organ.
...
3. No person may at the same time be a member of both the management organ and the supervisory organ of the same UK Societas. The supervisory organ may, however, nominate one of its members to act as a member of the management organ in the event of a vacancy. During such a period the functions of the person concerned as a member of the supervisory organ shall be suspended. ...
4. Subject to regulation 61 of the 2004 Regulations, the number of members of the management organ or the rules for determining it shall be laid down in the SE's statutes. ...
5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/eur/2001/2157/article/39 (the official version)
Page: https://openlegislation.uk/eu-regulation-2001-2157/article-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.