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Version status: Omitted | Document consolidation status: Updated to reflect all known changes
Version date: 31 December 2020 - onwards
  Version 3 of 3    

Regulation 46 Cross-border mergers

Omitted from 31 December 2020

(1) Parts 1 to 3 and 5 of the Companies (Cross-Border Mergers) Regulations 2007 [S.I. 2007/2974, as amended by S.I. 2008/583.] apply to LLPs with the following modifications.

(2) The modifications are -

(a) for references to a company substitute references to an LLP (or other EEA body corporate);

(b) for references to a UK company, substitute references to a UK LLP;

(c) for references to an EEA company substitute references to an EEA body corporate;

(d) references to a transferor or transferee LLP include references to an EEA body corporate which is the transferor or transferee in a cross-border merger with a UK LLP;

(e) for references to the directors or officers of a company substitute references to the members of an LLP;

(f) for "share exchange ratio" substitute "the rights to be given to transferor members";

(g) in regulation 2 (meaning of "cross-border merger") -

(i) for paragraph (2)(f) substitute -

"(f) the consideration for the transfer is -

(i) members of the transferor

Comparing proposed amendment...