Legal provisions of COM(2020)183 - Temporary measures concerning the general meetings of European companies (SE) and of European Cooperative Societies (SCE)

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier COM(2020)183 - Temporary measures concerning the general meetings of European companies (SE) and of European Cooperative Societies (SCE).
document COM(2020)183 EN
date May 25, 2020

Contents

Article 1 - Temporary measure concerning the general meetings of European companies (SEs)

Where, in accordance with Article 54(1) of Regulation (EC) No 2157/2001, a general meeting of an SE is to be held in 2020, the SE may, by way of derogation from that provision, hold the meeting within 12 months of the end of the financial year, provided that the meeting is held by 31 December 2020.

Article 2 - Temporary measure concerning the general meetings of European Cooperative Societies (SCEs)

Where, in accordance with Article 54(1) of Regulation (EC) No 1435/2003, a general meeting of an SCE is to be held in 2020, the SCE may, by way of derogation from that provision, hold the meeting within 12 months of the end of the financial year, provided that the meeting is held by 31 December 2020.

Article 3 - Entry into force

This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.