Regulation 124 I1

In Article 54—

(a)

in paragraph 1—

(i)

at the start insert “ Subject to regulation 68 of the 2004 Regulations ”;

(ii)

for “an SE”, substitute “ a UK Societas ”;

(iii)

for “the law of the Member State in which the SE's registered office is situated” substitute “ any enactment or rule of law ”;

(iv)

for “the SE” substitute “ the UK Societas ”;

(v)

omit the second sentence;

(b)

in paragraph 2—

(i)

for “the national law” substitute “ any enactment or rule of law ”;

(ii)

omit “in the Member State in which the SE's registered office is situated”.

Annotations

I1: Reg. 124 in force on IP completion day, see reg. 1 and 2020 c. 1, Sch. 5 para. 1(1)