The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 No. 1298

PART 2 Amendment of subordinate legislation

Amendment of the European Public Limited-Liability Company (Employee Involvement) (Great Britain) Regulations 2009

64.  In regulation 41 (existing employee involvement rights)—

(a) in paragraph (1)—

(i) after “an SE” for “, its” substitute “or a UK Societas, or their”;

(ii) for “EEA State” substitute “Relevant State”;

(iii) after “registration of the SE” insert “(including an SE which converted to a UK Societas on exit day)”;

(b) after paragraph (2) insert—

“(2A) In this regulation “participation” means the influence of the representative body and the employees’ representatives in the SE or the UK Societas by way of the right to—

(a) elect or appoint some of the members of the SE or the UK Societas’s supervisory or administrative organ, or

(b) recommend or oppose the appointment of some or all of the members of the SE or the UK Societas’s supervisory or administrative organ.”.