Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 24 May 2023 - onwards
Schedule 2, Part 3 Standard Rules for Employee Participation (paras. 15-16)
Regulations 71, 82, 84, 85, 89 and 90.
(1) Subject to Regulation 83, the employees of the resulting company or companies and their representative body (or both) have the right to elect, appoint, recommend or oppose the appointment of a number of members of the administrative or supervisory body of that company equal to the highest proportion in force in the participating companies concerned before registration of the resulting company or companies.
(2) If none of the participating companies was governed by employee participation rules before registration of the resulting company, the company is not required to establish provisions for employee participation.