Paragraph 4 Shadow directors

An existing SE must remove from its register of SO members on 1st October 2009 any entry relating to a person who is a shadow director of an SE by virtue of the members of the supervisory organ acting in accordance with the person’s directions or instructions.

Regulation 80C of the new SEs Regulations (duty to notify registrar of changes) applies as if the shadow director had ceased to be a member of the supervisory organ on that date.