PART 9MISCELLANEOUS

Existing employee involvement rights41.

(1)

Nothing in these Regulations affects involvement rights of employees of an SE F1or a UK Societas, or their subsidiaries or establishments provided for by law or practice in the F2Relevant State in which they were employed immediately prior to the registration of the SE F3(including an SE which converted to a UK Societas on IP completion day).

(2)

Paragraph (1) does not apply to rights to participation.

F4(2A)

In this regulation β€œparticipation” means the influence of the representative body and the employees' representatives in the SE or the UK Societas by way of the right toβ€”

(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.