TITLE IIIU.K.STRUCTURE OF [F1the UK Societas]

Section 1U.K.Two-tier system

Article 39U.K.

1.The management organ shall be responsible for managing the [F2UK Societas]. F3....

2.The member or members of the management organ shall be appointed and removed by the supervisory organ.

F4...

3.No person may at the same time be a member of both the management organ and the supervisory organ of the same [F5UK Societas]. The supervisory organ may, however, nominate one of its members to act as a member of the management organ in the event of a vacancy. During such a period the functions of the person concerned as a member of the supervisory organ shall be suspended. F6...

4.[F7Subject to regulation 61 of the 2004 Regulations,] the number of members of the management organ or the rules for determining it shall be laid down in the SE's statutes. F8...

F95.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments