The European Grouping of Territorial Cooperation Regulations 2015

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1. Introductory Text

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   PART 1 GENERAL

   1. 1. Citation and commencement

   2. 2. Interpretation

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   PART 2 PROVISIONS RELATING TO THE ESTABLISHMENT OF AN EGTC

   1. 3. Establishment of an EGTC and eligibility to participate in the activities of an EGTC (Article 4(3) of the EU Regulation)

   2. 4. Acquisition of legal personality (Article 5(1) of the EU Regulation)

   3. 5. Competent Authority (Articles 4(4) and 13(1) of the EU Regulation)

   4. 6. Proceedings in relation to the winding-up of a UK EGTC (Article 14(1) of the EU Regulation)

   5. 7. Budget (Article 11 of the EU Regulation)

   6. 8. Insolvency and winding up (Article 12(1) of the EU Regulation)

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   PART 3 EXERCISE OF MEMBER STATE OPTIONS UNDER THE EU REGULATION

   1. 9. Prohibition on members with limited liability (Article 12(2) of the EU Regulation)

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   PART 4 SUPPLEMENTAL PROVISIONS RELATING TO THE EFFECTIVE APPLICATION OF THE EU REGULATION

   1. 10. Application of the Company Directors Disqualification Act 1986

   2. 11. Penalties

   3. 12. Review

   4. 13. Revocations and Savings

6. Signature

7. Explanatory Note