TITLE IIISTRUCTURE OF the UK Societas

Section 3Rules common to the one-tier and two-tier systems

Article 48

1.

An F1UK Societas's statutes shall list the categories of transactions which require authorisation of the management organ by the supervisory organ in the two-tier system or an express decision by the administrative organ in the one-tier system.

F2...

F32.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .