council regul ec juli statut european cooper societi sce council european union regard treati establish european commun articl thereof regard propos commiss regard opinion european parliament regard opinion european econom social committe european parliament adopt resolut april cooper european commun juli contribut cooper region develop role women cooper local employ initi februari contribut cooper region develop septemb role cooper growth women employ complet intern market improv bring econom social situat commun barrier trade remov structur product adapt commun dimens purpos essenti compani type busi limit satisfi pure local plan carri reorganis busi commun scale legal framework busi carri commun base larg nation law correspond econom framework develop object set articl treati achiev situat form consider obstacl creation group compani member state council adopt regul ec establish legal form european compani se gener principl public limit liabil compani instrument suit specif featur cooper european econom interest group eeig provid regul eec undertak promot activ common preserv independ meet specif requir cooper enterpris commun anxiou ensur equal term competit contribut econom develop provid cooper form organis gener recognis member state adequ legal instrument capabl facilit develop cross border activ unit nation encourag govern ensur support environ cooper particip equal foot form enterpris cooper primarili group person legal entiti oper principl econom agent includ principl democrat structur control distribut net profit financi year equit basi principl includ notabl principl primaci individu reflect specif rule membership resign expuls quot man vote quot rule laid vote vest individu implic member exercis right asset cooper cooper share capit member individu enterpris member consist wholli partli custom employe supplier cooper constitut member cooper enterpris quot secondari quot quot degre quot cooper circumst cooper member proport investor member servic parti benefit activ carri work behalf european cooper societi hereinaft refer quot sce quot princip object satisfact member develop econom social activ complianc principl activ conduct mutual benefit member member benefit activ sce accord particip member sce custom employe supplier involv activ sce control vest equal member weight vote allow order reflect member contribut sce limit interest loan share capit profit distribut busi sce retain meet member artifici restrict membership net asset reserv distribut wind principl disinterest distribut cooper bodi pursu similar aim gener interest purpos cross border cooper cooper commun hamper legal administr difficulti elimin market frontier introduct european legal form cooper base common principl take account specif featur enabl oper nation border part territori commun essenti aim regul enabl establish sce physic person resid member state legal entiti establish law member state make establish sce merger exist cooper convers nation cooper form wound cooper regist offic head offic member state establish subsidiari member state view specif commun charact sce quot real seat quot arrang adopt regul respect sce prejudic member state law pre empt choic made commun text compani law refer capit regul compris sole subscrib capit affect undistribut joint asset equiti capit sce regul cover area law taxat competit intellectu properti insolv provis member state law commun law applic area area cover regul rule involv employe european cooper societi laid direct ec provis form indissoci complement regul appli concomitantli work approxim nation compani law made substanti progress provis adopt member state sce regist offic purpos implement direct compani refer analog sce area function cooper requir uniform commun rule provis arrang govern sce council direct eec march coordin safeguard protect interest member requir member state compani mean paragraph articl treati view make safeguard equival commun fourth council direct eec juli annual account type compani seventh council direct eec june consolid account eighth council direct eec april approv person respons carri statutori audit account document council direct eec decemb disclosur requir respect branch open member state type compani govern law state activ field financi servic concern credit establish insur undertak subject legisl measur pursuant direct council direct eec decemb annual account consolid account bank financi institut council direct eec coordin law regul administr provis relat direct insur life assur life insur direct form organis option adopt regul chapter gener provis articl form sce cooper societi set territori commun form european cooper societi sce condit manner laid regul subscrib capit sce divid share number member capit sce variabl provid statut sce sce form member liabl amount subscrib member sce limit liabil sce end quot limit quot sce princip object satisfact member develop econom social activ conclus agreement suppli good servic execut work kind sce carri commiss sce object satisfact member promot manner set particip econom activ sce nation cooper sce conduct activ subsidiari sce extend benefit activ member particip busi statut provid sce legal person employe involv sce govern provis direct ec articl format sce form natur person resid member state natur person compani firm mean paragraph articl treati legal bodi govern public privat law form law member state resid govern law member state compani firm mean paragraph articl treati legal bodi govern public privat law form law member state govern law member state merger cooper form law member state regist offic head offic commun provid govern law member state convers cooper form law member state regist offic head offic commun year establish subsidiari govern law member state member state provid legal bodi head offic commun particip format sce provid legal bodi form law member state regist offic member state real continu link member state economi articl minimum capit capit sce express nation currenc sce regist offic euro area express capit euro subscrib capit eur law member state requir greater subscrib capit legal bodi carri type activ appli sce regist offic member state statut lai sum subscrib capit allow fall result repay share member ceas belong sce sum amount laid paragraph date laid articl member ceas belong sce entitl repay suspend long repay result subscrib capit fall set limit capit increas success subscript member admiss member reduc total partial repay subscript subject paragraph variat amount capit requir amend statut disclosur articl capit sce subscrib capit sce repres member share express nation currenc sce regist offic euro area express share euro class share issu statut provid class share confer entitl regard distribut surplus share confer entitl constitut class capit form asset capabl econom assess member share issu undertak perform work suppli servic share held name person nomin share singl class ident laid statut share issu price lower nomin share issu cash paid dai subscript nomin balanc paid year statut provid shorter period share issu cash fulli paid time subscript law applic public limit liabil compani member state sce regist offic appoint expert valuat consider cash appli analog sce statut lai minimum number share subscrib order qualifi membership stipul major gener meet constitut member natur person lai subscript requir member wish part activ sce make membership subject subscript share consid account financi year annual gener meet resolut record amount capit end financi year variat refer preced financi year propos administr manag organ subscrib capit increas capitalis part reserv distribut decis gener meet accord quorum major requir amend statut share award member proport share previou capit nomin share increas consolid share issu increas necessit call supplementari payment member provis laid statut decis gener meet accord quorum major requir amend statut nomin share reduc subdivid share issu accord statut agreement gener meet manag administr organ share assign sold member acquir membership sce subscrib share purchas accept secur directli person act behalf sce sce share accept secur ordinari transact sce credit institut articl statut purpos regul quot statut sce quot instrument incorpor subject separ document statut sce founder member draw statut sce accord provis format cooper societi laid law member state sce regist offic statut write sign founder member law precautionari supervis applic member state sce regist offic public limit liabil compani phase constitut appli analog control constitut sce statut sce includ sce preced abbrevi quot sce quot word quot limit quot statement object name natur person name entiti founder member sce indic object regist offic case address sce regist offic condit procedur admiss expuls resign member right oblig member categori member right oblig member categori nomin subscrib share amount subscrib capit indic capit variabl specif rule amount alloc surplu legal reserv power respons member govern organ provis govern appoint remov member govern organ major quorum requir durat exist societi limit durat articl regist offic regist offic sce locat commun member state head offic member state addit impos sce regist territori oblig locat head offic regist offic place articl transfer regist offic regist offic sce transfer member state accord paragraph transfer result wind sce creation legal person manag administr organ draw transfer propos publicis accord articl prejudic addit form public provid member state regist offic propos state current regist offic number sce cover propos regist offic sce propos statut sce includ propos timet transfer implic transfer employe involv right provid protect member creditor holder right manag administr organ draw report explain justifi legal econom aspect employ effect transfer explain implic transfer member creditor employe holder right sce member creditor holder right bodi nation law exercis entitl month gener meet call decid transfer examin sce regist offic transfer propos report drawn pursuant paragraph request obtain copi document free charg member oppos transfer decis gener meet sectori section meet tender resign month gener meet decis membership termin end financi year resign tender transfer effect respect member resign entitl member repay share condit laid articl decis transfer month public propos decis laid articl compet author issu certif mention paragraph sce satisfi respect liabil aris prior public transfer propos interest creditor holder right respect sce includ public bodi adequ protect accord requir laid member state sce regist offic prior transfer member state extend applic subparagraph liabil aris aris prior transfer subparagraph appli prejudic applic sce nation legisl member state satisfact secur payment public bodi member state sce regist offic court notari compet author issu certif attest complet act formal accomplish transfer registr effect certif refer paragraph submit evid produc formal requir registr countri regist offic complet transfer sce regist offic consequ amend statut effect date sce regist accord articl regist regist offic sce registr effect registri registr notifi regist registr delet registr effect receipt notif registr delet registr publicis member state concern accord articl public sce registr regist offic reli parti long delet sce registr regist previou regist offic publicis parti continu reli previou regist offic sce prove parti awar regist offic law member state provid sce regist member state transfer regist offic result chang law applic effect member state compet author oppos month period refer paragraph opposit base ground public interest sce supervis nation financi supervisori author commun direct oppos chang regist offic appli author review judici author sce transfer regist offic proceed wind includ voluntari wind liquid insolv suspens payment similar proceed brought sce transfer regist offic member state consid respect action aris prior transfer determin paragraph regist offic member state sce regist prior transfer sce su transfer articl law applic sce govern regul expressli authoris regul provis statut case matter regul regul matter partli regul aspect cover law adopt member state implement commun measur relat specif sce ii law member state appli cooper form accord law member state sce regist offic iii provis statut cooper form accord law member state sce regist offic nation law specif rule restrict relat natur busi carri sce form control supervisori author law appli full sce articl principl discrimin subject regul sce treat member state cooper form accord law member state regist offic articl particular state document law applic member state sce regist offic public limit liabil compani regul content letter document parti appli analog sce sce preced abbrevi quot sce quot word quot limit quot sce includ acronym quot sce quot order determin legal form compani firm legal entiti regist member state date entri forc regul name acronym quot sce quot appear requir alter name articl registr disclosur requir sce regist member state regist offic regist design law member state accord law applic public limit liabil compani sce regist agreement arrang employe involv pursuant articl direct ec conclud decis pursuant articl direct period negoti pursuant articl direct expir agreement conclud order sce establish merger regist member state made option refer articl direct ec agreement pursuant articl direct conclud arrang employe involv includ particip particip cooper govern particip rule registr sce statut sce conflict time arrang employe involv determin arrang determin pursuant direct ec conflict exist statut statut amend extent case member state provid manag organ administr organ sce entitl amend statut decis gener meet law applic member state sce regist offic public limit liabil compani disclosur requir document particular appli analog sce articl public document member state public document particular sce made public regul effect manner laid law member state applic public limit liabil compani sce regist offic nation rule adopt pursuant direct eec appli branch sce open member state regist offic member state provid derog nation provis implement direct account specif featur cooper articl notic offici journal european union notic sce registr delet registr publish inform purpos offici journal european union public accord articl notic state number date place registr sce date place public titl public regist offic sce sector activ regist offic sce transfer accord articl notic publish give inform provid paragraph relat registr particular refer paragraph forward offic offici public european commun month public refer articl articl acquisit membership prejudic articl acquisit membership sce subject approv manag administr organ candid refus membership appeal gener meet held applic membership law member state sce regist offic permit statut provid person expect produc sce good servic admit investor user member acquisit membership subject approv gener meet organ deleg give approv gener meet statut member legal bodi deem user virtu fact repres member provid member natur person user statut provid membership sce acquir natur person legal bodi statut make admiss subject condit subscript minimum amount capit condit relat object sce provid statut applic supplementari stake capit address member alphabet index member regist offic sce show address number class share hold parti direct legitim interest inspect index request obtain copi part price exceed administr cost thereof transact affect manner capit ascrib allot increas reduc enter index member provid paragraph month chang occur transact refer paragraph effect respect sce parti direct legitim interest enter index refer paragraph member request written statement certifi chang enter articl loss membership membership lost resign expuls member commit breach oblig act contrari interest sce authoris statut transfer share held member natur person legal entiti acquir membership wind case member natur person bankruptci death situat provid statut legisl cooper member state sce regist offic minor member oppos amend statut gener meet oblig respect payment servic introduc ii exist oblig member substanti extend iii period notic resign sce extend year tender resign month gener meet decis membership termin end current financi year case refer point ii subparagraph end period notic appli statut amend case refer point iii thereof amend statut effect respect member resign entitl member repay share condit laid articl decis expel member administr manag organ member heard member appeal decis gener meet articl financi entitl member event resign expuls share transfer subject articl loss membership entitl member repay part subscrib capit reduc proport loss charg sce capit amount deduct paragraph calcul refer balanc sheet financi year entitl repay aros statut lai procedur condit exercis resign lai time repay made exce year event sce oblig make repay month approv balanc sheet issu loss membership paragraph appli part member sharehold repaid chapter ii format section gener articl law applic format subject regul format sce govern law applic cooper member state sce establish regist offic registr sce made public accord articl articl acquisit legal person sce acquir legal person dai registr member state regist offic regist design state accord articl act perform sce registr accord articl sce assum oblig aris act registr natur person compani firm legal entiti perform act jointli sever liabl therefor limit absenc agreement contrari section format merger articl procedur format merger sce form mean merger carri accord procedur merger acquisit procedur merger format legal person case merger acquisit acquir cooper form sce merger take place case merger format legal person form sce articl law applic case merger matter cover section matter partli cover aspect cover cooper involv format sce merger govern provis law member state subject appli merger cooper fail provis applic intern merger public limit liabil compani law state articl ground opposit merger law member state provid cooper govern law member state part format sce merger member state compet author oppos issu certif refer articl opposit base ground public interest review judici author articl condit merger manag administr organ merg cooper draw draft term merger draft term merger includ particular regist offic merg cooper propos sce share exchang ratio subscrib capit amount cash payment share precis divis asset equival share term allot share sce date hold share sce entitl holder share surplu special condit affect entitl date transact merg cooper treat account purpos sce special condit advantag attach debentur secur share articl confer statu member right confer sce holder share special right attach holder secur share measur propos form protect right creditor merg cooper special advantag grant expert examin draft term merger member administr manag supervisori control organ merg cooper statut sce inform procedur arrang employe involv determin pursuant direct ec merg cooper includ item draft term merger law applic public limit liabil compani draft term merger appli analog cross border merger cooper creation sce articl explan justif term merger administr manag organ merg cooper draw detail written report explain justifi draft term merger legal econom viewpoint share exchang ratio report special valuat difficulti articl public law applic public limit liabil compani disclosur requir draft term merger appli analog merg cooper subject addit requir impos member state cooper concern subject public draft term merger nation gazett includ particular merg cooper type regist offic merg cooper address place regist statut document particular file respect merg cooper number entri regist indic arrang made accord articl exercis right creditor cooper question address complet inform arrang obtain free charg indic arrang made accord articl exercis right member cooper question address complet inform arrang obtain free charg regist offic propos sce condit determin date merger effect pursuant articl articl disclosur requir member entitl month date gener meet requir decid merger inspect regist offic document draft term merger mention articl annual account manag report merg cooper preced financi year account statement draft accord provis applic intern merger public limit liabil compani extent statement requir provis expert report share distribut exchang asset merg cooper share exchang ratio provid articl report cooper administr manag organ provid articl full copi document refer paragraph wish extract obtain member request free charg articl report independ expert merg cooper independ expert appoint cooper accord provis articl examin draft term merger draw written report member singl report merg cooper drawn permit law member state cooper subject law applic merger public limit liabil compani right oblig expert appli analog merger cooper articl approv term merger gener meet merg cooper approv draft term merger employe involv sce decid pursuant direct ec gener meet merg cooper reserv make registr sce condit express ratif arrang decid articl law applic format merger law member state govern merg cooper appli case merger public limit liabil compani take account cross border natur merger regard protect interest creditor merg cooper holder bond merg cooper member state case merg cooper govern law adopt provis design ensur protect member oppos merger articl scrutini merger procedur legal merger scrutinis part procedur merg cooper accord law member state merg cooper subject appli merger cooper fail provis applic intern merger public limit compani law state member state concern court notari compet author issu certif attest complet pre merger act formal law member state merg cooper subject procedur scrutinis amend share exchang ratio procedur compens minor member prevent registr merger procedur appli merg cooper situat member state provid procedur explicitli accept approv draft term merger accord articl possibl member merg cooper recours procedur case court notari compet author issu certif refer paragraph procedur start certif procedur pend decis procedur bind acquir cooper member articl scrutini legal merger legal merger scrutinis part procedur complet merger format sce court notari compet author member state propos regist offic sce scrutinis aspect legal merger cooper fail merger public limit liabil compani end merg cooper submit compet author certif refer articl month issu copi draft term merger approv cooper author refer paragraph ensur merg cooper approv draft term merger term arrang employe involv determin pursuant direct ec author satisfi sce form accord requir law member state regist offic articl registr merger merger simultan format sce effect date sce regist accord articl sce regist formal provid articl complet articl public merg cooper complet merger made public laid law member state concern accord law govern merger public compani limit share articl consequ merger merger carri laid indent subparagraph articl consequ ipso jure simultan asset liabil cooper acquir transfer acquir legal person member cooper acquir member acquir legal person cooper acquir ceas exist acquir legal person assum form sce merger carri laid indent subparagraph articl consequ ipso jure simultan asset liabil merg cooper transfer sce member merg cooper member sce merg cooper ceas exist case merger cooper law member state requir complet special formal transfer asset right oblig merg cooper effect parti formal appli carri merg cooper sce registr right oblig particip cooper relat individu collect term condit employ aris nation law practic individu employ contract employ relationship exist date registr reason registr transfer sce subparagraph appli worker repres particip gener section sectori meet provid articl merger regist sce immedi inform member cooper acquir fact enter regist member number share articl legal merger merger provid fourth indent articl declar null void sce regist absenc scrutini legal merger pursuant articl constitut ground wind sce accord provis articl section convers exist cooper sce articl procedur format convers prejudic articl convers cooper sce result wind cooper creation legal person regist offic transfer member state pursuant articl time convers effect administr manag organ cooper question draw draft term convers report explain justifi legal econom aspect employ effect convers indic implic member employe adopt form sce draft term convers made public manner laid member state law month gener meet call decid thereon gener meet refer paragraph independ expert appoint approv accord nation provis judici administr author member state cooper convert sce subject certifi mutati mutandi rule articl respect gener meet cooper question approv draft term convers statut sce member state make convers condit favour vote qualifi major unanim control organ cooper convert employe particip organis right oblig cooper convert individu collect term condit employ aris nation law practic individu employ contract employ relationship exist date registr reason registr transfer sce chapter iii structur sce articl structur organ condit laid regul sce compris gener meet supervisori organ manag organ tier system administr organ tier system depend form adopt statut section tier system articl function manag organ appoint member manag organ respons manag sce repres deal parti legal proceed member state provid manag director respons current manag condit cooper regist offic member state territori member member manag organ appoint remov supervisori organ member state requir permit statut provid member member manag organ appoint remov gener meet condit cooper regist offic territori person time member manag organ supervisori organ sce supervisori organ nomin member exercis function member manag organ event vacanc period function person concern member supervisori organ suspend member state impos time limit period number member manag organ rule determin laid sce statut member state fix minimum maximum number provis made tier system relat cooper regist offic territori member state adopt measur relat sce articl chairmanship call meet manag organ manag organ elect chairman member accord statut chairman call meet manag organ condit laid statut initi request member request reason call meet action respect request dai meet manag organ call member made request articl function supervisori organ appoint member supervisori organ supervis duti perform manag organ exercis power manag sce supervisori organ repres sce deal parti repres sce deal manag organ member respect litig conclus contract member supervisori organ appoint remov gener meet member supervisori organ appoint statut appli prejudic employe particip arrang determin pursuant direct ec member supervisori organ quarter post fill user member statut lai number member supervisori organ rule determin member state stipul number member composit supervisori organ sce regist offic territori minimum maximum number articl inform manag organ report supervisori organ month progress forese develop sce busi take account inform relat undertak control sce significantli affect progress sce busi addit regular inform refer paragraph manag organ promptli commun supervisori organ inform event appreci effect sce supervisori organ requir manag organ provid inform kind exercis supervis accord articl member state provid member supervisori organ entitl facil supervisori organ undertak arrang investig perform duti member supervisori organ entitl examin inform submit articl chairmanship call meet supervisori organ supervisori organ elect chairman member half member appoint employe member appoint gener meet elect chairman chairman call meet supervisori organ condit laid statut initi request member request manag organ request reason call meet action respect request dai meet supervisori organ call made request section tier system articl function administr organ appoint member administr organ manag sce repres deal parti legal proceed member state provid manag director respons current manag condit cooper regist offic member state territori number member administr organ rule determin laid statut sce member state set minimum maximum number member member administr organ quarter post fill user member administr organ consist member employe particip regul accord direct ec member administr organ statut provid altern member appoint gener meet member administr organ appoint statut appli prejudic employe particip arrang determin pursuant direct ec provis made tier system relat cooper regist offic territori member state adopt measur relat sce articl interv meet inform administr organ meet month interv laid statut discuss progress forese develop sce busi take account inform relat undertak control sce significantli affect progress sce busi member administr organ entitl examin report document inform submit articl chairmanship call meet administr organ administr organ elect chairman member half member appoint employe member appoint gener meet elect chairman chairman call meet administr organ condit laid statut initi request member request reason call meet action respect request dai meet administr organ call made request section rule common tier tier system articl term offic member sce organ appoint period laid statut exceed year subject restrict laid statut member appoint period determin accord paragraph articl condit membership sce statut permit compani mean articl treati member organ provid law applic cooper member state sce regist offic situat provid compani design natur person repres exercis function organ question repres subject condit oblig person member organ person member sce organ repres member mean paragraph disqualifi law member state sce regist offic situat serv organ cooper govern law state disqualifi serv organ cooper govern law member state ow judici administr decis deliv member state sce statut accord law applic cooper member state lai special condit elig member repres administr organ articl power represent liabil sce author repres sce deal parti accord articl confer member member exercis author collect law member state sce regist offic situat statut provid case claus reli parti disclos accord articl act perform sce organ bind sce vi vi parti act question accord object sce provid exce power confer law member state sce regist offic law confer member state provid sce bound act object sce prove parti knew act object circumst unawar disclosur statut suffici proof thereof limit power organ sce aris statut decis compet organ reli parti disclos member state stipul power repres sce confer statut singl person person act jointli legisl stipul provis statut reli parti provid concern gener power represent provis reli parti govern provis articl articl oper requir authoris sce statut list categori transact requir tier system authoris supervisori organ gener meet manag organ tier system express decis adopt administr organ authoris gener meet paragraph appli prejudic articl member state determin minimum categori transact organ give authoris featur statut sce regist territori provid tier system supervisori organ determin categori transact subject authoris articl confidenti member sce organ duti ceas hold offic divulg inform sce disclosur prejudici cooper interest member disclosur requir permit nation law provis applic cooper compani public interest articl conduct busi organ provid regul statut intern rule relat quorum decis take sce organ quorum half member vote right present repres decis take major member vote right present repres member absent part decis authoris member organ altern member appoint time repres relev provis statut chairman organ cast vote event tie provis contrari statut half supervisori organ consist employe repres employe particip provid accord direct ec member state provid supervisori organ quorum decis make derog provis refer paragraph subject rule applic condit cooper govern law member state concern articl civil liabil member manag supervisori administr organ liabl accord provis applic cooper member state sce regist offic situat loss damag sustain sce breach part legal statutori oblig inher duti section gener meet articl compet gener meet decid matter sole respons regul legisl member state sce regist offic situat adopt direct ec gener meet decid matter respons gener meet cooper govern law member state sce regist offic situat law member state sce statut accord law articl conduct gener meet prejudic rule laid section organis conduct gener meet vote procedur govern law applic cooper member state sce regist offic situat articl hold gener meet sce hold gener meet calendar year month end financi year law member state sce regist offic situat applic cooper carri type activ sce frequent meet member state provid gener meet held time month sce incorpor gener meet conven time manag organ administr organ supervisori organ organ compet author accord nation law applic cooper member state sce regist offic situat manag organ bound conven gener meet request supervisori organ agenda gener meet held end financi year includ approv annual account alloc profit gener meet meet decid meet conven set date agenda articl meet call minor member member sce number total number vote requir sce conven gener meet draw agenda proport reduc statut articl notic meet gener meet conven notic write mean person entitl attend sce gener meet accord articl provis statut notic public offici intern public sce notic call gener meet give particular regist offic sce venu date time meet type gener meet agenda indic subject discuss propos decis period date dispatch notic refer paragraph date open gener meet dai reduc dai urgent case articl appli relat quorum requir time meet conven agenda reduc law member state sce regist offic articl addit agenda member sce number total number vote requir addit item put agenda gener meet proport reduc statut articl attend proxi member entitl speak vote gener meet point includ agenda member sce organ holder secur share debentur mean articl statut person entitl law state sce regist offic situat attend gener meet vote right person entitl vote entitl appoint proxi repres gener meet accord procedur laid statut statut lai maximum number person proxi act statut permit postal vote electron vote case lai procedur articl vote right member sce vote number share hold law member state sce regist offic permit statut provid member number vote determin particip cooper activ capit contribut attribut exce vote member total vote right whichev lower law member state sce regist offic permit sce involv financi insur activ provid statut number vote determin member particip cooper activ includ particip capit sce attribut exce vote member total vote right whichev lower sce major member cooper law member state sce regist offic permit statut provid number vote determin accord member particip cooper activ includ particip capit sce number member compris entiti vote right statut alloc user investor member sce govern law member state sce regist offic user investor member vote right amount total vote right entri forc regul law member state sce regist offic permit statut sce provid particip employe repres gener meet section sectori meet provid employe repres control total vote right right ceas appli regist offic sce transfer member state law provid particip articl inform member request gener meet entitl obtain inform manag administr organ affair sce aris item gener meet decis accord articl inform provid gener meet question manag administr organ refus suppli inform prejudici sce disclosur incompat legal oblig confidenti member refus inform requir question ground refus enter minut gener meet dai preced gener meet requir decid end financi year member examin balanc sheet profit loss account note thereon manag report conclus audit account person respons parent compani mean direct eec concern consolid account articl decis gener meet pass resolut item agenda gener meet deliber pass resolut item agenda meet minor member accord articl gener meet act major vote validli cast member present repres statut lai quorum major requir appli gener meet statut provid possibl sce admit investor user member alloc vote capit contribut sce involv financi insur activ statut lai special quorum requir relat member investor user member member vote right capit contribut sce involv financi insur activ member state free set minimum level special quorum requir sce regist offic territori gener meet amend statut time conven member present repres make half total number member date gener meet conven time conven agenda quorum case refer subparagraph third vote cast validli cast favour law applic cooper member state sce regist offic situat requir greater major articl minut minut drawn gener meet minut includ particular venu date meet resolut pass result vote attend list document relat conven gener meet report submit member item agenda annex minut minut document annex thereto preserv year copi minut document annex thereto obtain member request defray administr cost minut sign chairman meet articl sectori section meet sce undertak activ activ territori unit establish member statut provid sectori section meet permit relev member state legisl statut establish divis sector section number deleg thereof sectori section meet elect deleg maximum period year earli revoc take place deleg elect constitut gener meet sce repres sector section report outcom gener meet provis section chapter iii appli work sectori section meet chapter iv issu share confer special advantag articl secur share debentur confer special advantag sce statut provid issu secur share debentur holder vote right subscrib member member acquisit confer statu member statut lai procedur redempt holder secur debentur refer paragraph special advantag accord statut condit laid issu total nomin secur debentur refer paragraph held exce figur laid statut prejudic attend gener meet provid articl statut provid special meet holder secur debentur refer paragraph decis gener meet relat right interest holder special meet state opinion brought attent gener meet repres special meet appoint opinion refer subparagraph record minut gener meet chapter alloc profit articl legal reserv prejudic mandatori provis nation law statut lai rule alloc surplu financi year surplu statut requir establish legal reserv fund surplu alloc time legal reserv equal capit refer articl amount alloc surplu financi year deduct loss carri member leav sce claim sum alloc legal reserv articl dividend statut provid payment dividend member proport busi sce servic perform articl alloc surplu balanc surplu deduct alloc legal reserv sum paid dividend loss carri addit surplus carri sum drawn reserv constitut profit distribut gener meet consid account financi year alloc surplu order proport laid statut carri forward legal statutori reserv fund provid return paid capit quasi equiti payment made cash share statut prohibit distribut chapter vi annual account consolid account articl prepar annual account consolid account purpos draw annual account consolid account includ annual report accompani audit public sce subject legal provis adopt member state regist offic implement direct eec eec member state provid amend nation provis implement direct account specif featur cooper sce subject law member state sce regist offic public requir provid articl direct eec sce make document relat annual account public regist offic copi document obtain request price charg copi exce administr cost sce draw annual account consolid account nation currenc sce regist offic euro area express annual account consolid account euro event base convers express euro item includ account origin express currenc disclos note account articl account sce credit financi activ sce credit financi institut govern rule laid nation law member state regist offic situat direct relat take pursuit busi credit institut prepar annual consolid account includ accompani annual report audit public account sce insur undertak govern rule laid nation law member state regist offic situat direct prepar annual consolid account includ accompani annual report audit public account articl audit statutori audit sce annual account consolid account carri person authoris member state sce regist offic accord measur adopt state pursuant direct eec eec articl system audit law member state requir cooper type cover law state join legal authoris extern bodi submit specif system audit carri bodi arrang automat appli sce regist offic member state provid bodi meet requir direct eec chapter vii wind liquid insolv cessat payment articl wind insolv similar procedur wind liquid insolv cessat payment similar procedur sce govern legal provis appli cooper form accord law member state regist offic situat includ provis relat decis make gener meet articl wind court compet author member state sce regist offic applic person legitim interest compet author court compet administr author member state sce regist offic order sce wound find breach articl articl case cover articl court compet administr author sce time rectifi situat fail time allow court compet administr author order wound sce longer compli requir laid articl member state sce regist offic situat measur oblig sce regularis situat period establish head offic member state regist offic situat transfer regist offic mean procedur laid articl member state sce regist offic situat put place measur ensur sce fail regularis posit accord paragraph liquid member state sce regist offic situat seek judici remedi regard establish infring articl remedi suspensori effect procedur laid paragraph establish initi author interest parti sce head offic territori member state breach articl author member state immedi inform member state sce regist offic situat articl public wind prejudic provis nation law requir addit public initi termin wind includ voluntari wind liquid insolv suspens payment procedur decis continu oper publicis accord articl articl distribut net asset distribut accord principl disinterest distribut permit law member state sce regist offic accord altern arrang set statut sce purpos articl net asset compris residu asset payment amount due creditor reimburs member capit contribut articl convers cooper sce convert cooper govern law member state regist offic situat decis convers year elaps registr set annual account approv convers sce cooper result wind creation legal person manag administr organ sce draw draft term convers report explain justifi legal econom aspect employ effect convers indic implic adopt cooper form member holder share refer articl employe draft term convers made public manner laid member state law month gener meet call decid convers gener meet refer paragraph independ expert appoint approv accord nation provis judici administr author member state sce convert cooper subject certifi asset equival capit gener meet sce approv draft term convers statut cooper decis gener meet pass laid provis nation law chapter viii addit transit provis articl econom monetari union long phase emu appli member state make sce regist offic territori subject provis appli cooper public limit liabil compani cover legisl express capit sce case express capit euro event nation currenc euro convers rate dai month preced format sce long phase emu appli member state sce regist offic sce prepar publish annual consolid account euro member state requir sce annual consolid account prepar publish nation currenc condit laid cooper public limit liabil compani govern law member state prejudg addit possibl sce publish annual consolid account euro accord council direct eec novemb amend direct eec annual account direct eec consolid account concern exempt small medium size compani public account ecu chapter ix final provis articl nation implement rule member state make provis ensur effect applic regul member state design compet author mean articl inform commiss member state articl review regul year latest entri forc regul commiss forward european parliament council report applic regul propos amend report analys appropri allow locat sce head offic regist offic member state allow provis statut sce adopt member state execut authoris member state regul law adopt ensur effect applic regul regard sce deviat complementari law provis authoris statut cooper regist offic member state allow provis enabl sce split nation cooper allow specif legal remedi case fraud error registr sce establish merger articl entri forc regul enter forc dai public offici journal european union appli august regul bind entireti directli applic member state brussel juli council presid alemanno oj oj oj opinion deliv publish offici journal oj oj oj oj oj oj oj oj resolut adopt gener assembl plenari meet unit nation decemb re page offici journal oj direct amend act access oj direct amend direct ec oj oj direct amend direct ec oj oj oj direct amend direct ec oj direct amend direct ec oj oj