TITLE IGENERAL PROVISIONS

F1Article AAA1

1.

The UK Societas retains the legal personality it had when it was an SE.

2.

Save as regards any rights or obligations which are no longer applicable to a UK Societas as a result of the European Public Limited-Liability Company (Amendment etc.) (EU Exit) Regulations 2018, the conversion of an SE to a UK Societas—

(a)

does not affect any rights or obligations of the UK Societas, or render defective any legal proceedings by or against it; and

(b)

any legal proceedings that might have been continued or commenced against it when it was an SE may be continued or commenced against it as a UK Societas.

3.

The records of an SE relating to any period before it became a UK Societas, in accordance with this Regulation, shall be treated for the purposes of this Regulation, the Companies Acts and the 2004 Regulations as if they were records of that UK Societas.