TITLE IGENERAL PROVISIONS AND THE ESTABLISHMENT AND FUNCTIONING OF LIMITED LIABILITY COMPANIES

CHAPTER III Online procedures (formation, registration and filing), disclosure and registers

Section 4 Application and implementing arrangements

Article 42Exemptions to provisions on disclosure of accounting documents for branches

1.

Articles 31 and 38 shall not apply to branches opened by credit institutions and financial institutions covered by Council Directive 89/117/EEC32.

2.

Pending subsequent coordination, the Member States need not apply Articles 31 and 38 to branches opened by insurance companies.