TITLE I

GENERAL PROVISIONS
Article 1
1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
The capital of a UK Societas shall be divided into shares. No shareholder shall be liable for more than the amount he has subscribed.
3
A UK Societas shall have legal personality.
4
Employee involvement in a UK Societas shall be governed by the provisions of—
a
for England and Wales and for Scotland, the 2009 Employee Involvement (GB) Regulations; or
b
for Northern Ireland, the 2009 Employee Involvement (NI) Regulations.
Art. 1(1) omitted (31.12.2020) by virtue of The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 98(a) (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1)
Words in Art. 1(2) substituted (31.12.2020) by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 98(b) (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1)
Words in Art. 1(3) substituted (31.12.2020) by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 98(b) (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1)
Art. 1(4) substituted (31.12.2020) by The European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018 (S.I. 2018/1298), regs. 1, 98(c) (with regs. 140-145) (as amended by S.I. 2020/523, regs. 1(2), 5(a)-(f)); 2020 c. 1, Sch. 5 para. 1(1)