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Please note that the date you requested in the address for this web page is not an actual date upon which a change occurred to this item of legislation. You are being shown the legislation from , which is the first date before then upon which a change was made.
1.A company may have a sole member when it is formed and also when all its shares come to be held by a single person (single-member company).
2.Member States may, pending coordination of national laws relating to groups, lay down special provisions or penalties for cases where:
(a)a natural person is the sole member of several companies; or
(b)a single-member company or any other legal person is the sole member of a company.