# Council Regulation (EC) No 2157/2001 of 8 October 2001 on the Statute for a European company (SE), Article 47

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

1. A UK Societas's statutes may permit a company or other legal entity to be a member of one of its organs, provided that any enactment or rule of law applicable to public limited-liability companies ... does not provide otherwise.
That company or other legal entity shall designate a natural person to exercise its functions on the organ in question.
2. No person may be a member of any UK Societas organ or a representative of a member within the meaning of paragraph 1 who:
(a) is disqualified, under any enactment or rule of law, from serving on the corresponding organ of a public limited-liability company ..., or
(b) is disqualified from serving on the corresponding organ of a public limited-liability company ... owing to a judicial or administrative decision ....
3. A UK Societas's statutes may, in accordance with any enactment or rule of law applicable to public limited-liability companies ..., lay down special conditions of eligibility for members representing the shareholders.
4. This Regulation shall not affect any enactment or rule of law permitting a minority of shareholders or other persons or authorities to appoint some of the members of a company organ.

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Source: https://www.legislation.gov.uk/eur/2001/2157/article/47 (the official version)
Page: https://openlegislation.uk/eu-regulation-2001-2157/article-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.