The International Accounting Standards and European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2019

PART 2U.K.Amendment to the European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018: transitional arrangements for employee engagement

13.  Part 4 of the European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 M1 is amended as follows.U.K.

Commencement Information

I1Sch. 3 para. 13 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

Marginal Citations

14.  In regulation 147, for “152” substitute “ 152A ”.U.K.

Commencement Information

I2Sch. 3 para. 14 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

15.  After regulation 152 insert—U.K.

152A.(1) Despite the amendments and revocations made by these Regulations, paragraph 5(1) of the Schedule to the pre-exit 2009 GB Regulations applies to a UK Societas whose representative body was established less than four years before [F1IP completion day].

(2) Where paragraph 5(1) applies—

(a)regulations 14 to 16 and 18 of the pre-exit 2009 GB Regulations apply, to the representative body as they apply to the special negotiating body, and the date referred to in regulation 14(3) is the date of the decision;

(b)Parts 2 and 3 of the Schedule to the pre-exit 2009 GB Regulations apply, where appropriate, and

(c)the following modifications to the pre-exit 2009 GB Regulations have effect—

(i)references to “EEA State” are to be read as though they were references to “Relevant State”;

(ii)references to “SE” are to be read as if they were references to “UK Societas”..

Textual Amendments

F1Words in Sch. 3 para. 15 substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 26(c)

Commencement Information

I3Sch. 3 para. 15 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

16.  In regulation 154, for “159” substitute “ 159A ”.U.K.

Commencement Information

I4Sch. 3 para. 16 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)

17.  After regulation 159 insert—U.K.

159A.(1) Despite the amendments and revocations made by these Regulations, paragraph 5(1) of the Schedule to the pre-exit 2009 NI Regulations applies to a UK Societas whose representative body was established less than four years before [F2IP completion day].

(2) Where paragraph 5(1) applies—

(a)regulations 14 to 16 and 18 of the pre-exit 2009 NI Regulations apply, to the representative body as they apply to the special negotiating body, and the date referred to in regulation 14(3) is the date of the decision;

(b)Parts 2 and 3 of the Schedule to the pre-exit 2009 NI Regulations apply, where appropriate, and

(c)the following modifications to the pre-exit 2009 NI Regulations have effect—

(i)references to “EEA State” are to be read as though they were references to “Relevant State”;

(ii)references to “SE” are to be read as if they were references to “UK  Societas”..

Textual Amendments

F2Words in Sch. 3 para. 17 substituted (31.12.2020 immediately before IP completion day) by The Companies and Statutory Auditors etc. (Consequential Amendments) (EU Exit) Regulations 2020 (S.I. 2020/523), regs. 1(2), 26(d)

Commencement Information

I5Sch. 3 para. 17 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)