For the purpose of implementing this Regulation, companies or firms and other legal bodies shall be regarded as legal persons if, under the terms of the law governing them, they have the capacity in their own name to have rights and obligations of all kinds, to make contracts or accomplish other legal acts, and to sue and be sued.
Chun críche an Rialachán seo a chur chun feidhme, measfar cuideachtaí nó gnóthais agus comhlachtaí daoine dlítheanacha eile a bheith ina ndaoine dlítheanacha más rud é gur féidir leo, faoina n-ainm féin, cearta agus oibleagáidí de gach cineál a bheith acu, conarthaí a dhéanamh nó gníomhartha dlíthiúla eile a chur i gcrích, agus bheith ina bpáirtithe in imeachtaí dlí.