F1Pts. I-V modified by S.R. 2004/307 (as amended (1.10.2006) by Limited Liability Partnerships (Amendment) Regulations (Northern Ireland) 2006 (S.R. 2006/377), reg. 3, Sch. 2)
Valid from 18/08/2006
104C—(1) Where, in the case of an SCE whose registered office is in Northern Ireland—
(a)there has been such a breach as is mentioned in Article 73(1) of Council Regulation (EC) No 1435/2003 on the Statute for a European Cooperative (SCE) (the “European Cooperative Society Regulation”) (winding up by the court or other competent authority), and
(b)it appears to the Registrar of Credit Unions for Northern Ireland that the SCE should be wound up,
the Registrar may present a petition for the SCE to be wound up if the court thinks it is just and equitable for it to be so.
(2) Where, in the case of an SCE whose registered office is in Northern Ireland—
(a)the SCE is not in compliance with Article 6 of the European Cooperative Society Regulation (location of head office and registered office), and
(b)it appears to the Registrar of Credit Unions for Northern Ireland that the SCE should be wound up,
the Registrar may present a petition for the SCE to be wound up if the court thinks it is just and equitable for it to be so.
(3) This Article does not apply if the SCE is already being wound up by the court.
(4) In this Article “SCE” has the same meaning as in the European Cooperative Society Regulation.]
F2Art. 104C inserted (18.8.2006) by The European Cooperative Society Regulations 2006 (S.I. 2006/2078), reg. 33(3)