OpenLegislation

Regulation 142 I1

United Kingdom

(1)

To the extent that enactments or rules of law applied to a dissolved SE immediately before F1IP completion day, by virtue of applying to a public limited-liability company pursuant to the EC Regulation, they continue to apply to a dissolved SE after IP completion day.

(2)

If an SE dissolved before F2IP completion day, and accordingly did not convert to a UK Societas under the EC Regulation, but after IP completion day is restored to the register, upon restoration it is deemed to have become a UK Societas on IP completion day.

Annotations

Textual amendments

F1

Words in reg. 142(1) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 5(c)(i)

F2

Words in reg. 142(2) substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 5(c)(ii)

Commencement

I1

Reg. 142 in force on IP completion day, see reg. 1 and 2020 c. 1, Sch. 5 para. 1(1)