BETA


2008/0182(COD) Mergers and divisions: reporting and documentation requirements

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead JURI WEBER Renate (icon: ALDE ALDE)
Committee Opinion ECON MITCHELL Gay (icon: PPE-DE PPE-DE)
Lead committee dossier:
Legal Basis:
EC Treaty (after Amsterdam) EC 044-p2

Events

2009/10/02
   Final act published in Official Journal
Details

PURPOSE: to reduce administrative burdens relating in particular to publication and documentation obligations of public limited liability companies within the Community.

LEGISLATIVE ACT: Directive 2009/109/EC of the European Parliament and of the Council amending Council Directives 77/91/EEC, 78/855/EEC and 82/891/EEC, and Directive 2005/56/EC as regards reporting and documentation requirements in the case of mergers and divisions.

CONTENT: the Council adopted, by qualified majority, this Directive simplifying the rules on reporting and documentation requirements in the event of mergers and divisions of EU companies, following an agreement with the European Parliament in first reading. The German and Austrian delegations voted against.

The European Council agreed, at its meeting on 8 and 9 March 2007, that administrative burdens on companies should be reduced by 25 % by the year 2012 in order to enhance the competitiveness of companies in the Community. Therefore, in this context, it is appropriate to review those obligations and, where appropriate, to reduce the administrative burdens weighing on companies within the Community to the minimum needed.

The Directive is aimed at reducing costs relating to mergers or divisions by limiting detailed reporting requirements , as well as by allowing companies to provide the necessary information to shareholders or third parties by electronic means , instead of convening general meetings. It modifies Directive 78/855/EEC on mergers (Third Company Law Directive) and Directive 82/891/EEC on divisions of companies (Sixth Company Law Directive).

It also introduces the necessary adjustments to Directive 2005/56/EC on cross-border mergers and Directive 77/91/EEC as regards safeguards relating to the company’s capital, in line with the modifications to the Third and Sixth Company Law Directives.

The main amendments are as follows:

company websites or other websites offer, in certain cases, an alternative to publication via the companies registers. Under the new Directive, Member States should be able to designate those other websites which companies may use free of charge for such publication, such as websites of business associations or chambers of commerce or the central electronic platform referred to in First Council Directive 68/151/EEC on coordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies with a view to making such safeguards equivalent throughout the Community. Where the possibility exists of using company or other websites for publication of draft terms of merger and/or division and of other documents that have to be made available to shareholders and creditors in the process, guarantees relating to the security of the website and the authenticity of the documents should be met; disclosure requirements concerning draft terms of merger in cross-border mergers under Directive 2005/56/EC should be similar to those applicable to domestic mergers and divisions under Directives 78/855/EEC and 82/891/EEC; Member States must be able to provide that there is no need for the extensive reporting or information requirements related to certain merger or division of companies, if all the shareholders of the companies involved in the merger or division agree that they may be dispensed with. Any modification of Directives 78/855/EEC and 82/891/EEC allowing such agreement by shareholders should be without prejudice to the systems of protection of the interests of creditors of the companies involved as well as to rules aimed at ensuring the provision of necessary information to the employees of the companies involved and to public authorities, such as tax authorities, controlling the merger or division in accordance with existing Community legislation; an independent expert’s report as provided for under Directive 77/91/EEC is often not needed where an independent expert’s report protecting the interests of shareholders or creditors also has to be drawn up in the context of the merger or the division. Member States should therefore have the possibility in such cases of dispensing companies from the reporting requirement under Directive 77/91/EEC or of providing that both reports may be drawn up by the same expert; mergers between parent companies and their subsidiaries have a reduced economic impact on shareholders and creditors where the holding of the parent company amounts to 90 percent or more of the shares or other securities conferring the right to vote of the subsidiary . The same applies to certain divisions, in particular when companies are split in new companies that are owned by the shareholders in the proportion to their rights in the company being divided. In these cases, the reporting requirements deriving from Directives 78/855/EEC and 82/891/EEC will therefore be reduced.

Review : five years after the date of transposition, the Commission shall review the functioning of those provisions of Directives 77/91/EEC, 78/855/EEC, 82/891/EEC and 2005/56/EC which are amended or added by this Directive, and in particular their effects on the reduction of administrative burdens on companies, in the light of experience acquired in their application, and shall present a report to the European Parliament and the Council, accompanied if necessary by proposals for further amendments of those directives.

ENTRY INTO FORCE: 22/10/2009.

TRANSPOSITION: 30/06/2011.

2009/09/16
   CSL - Draft final act
Documents
2009/09/16
   CSL - Final act signed
2009/09/16
   EP - End of procedure in Parliament
2009/07/27
   EP/CSL - Act adopted by Council after Parliament's 1st reading
2009/07/27
   CSL - Council Meeting
2009/06/25
   EC - Commission response to text adopted in plenary
Documents
2009/04/22
   EP - Results of vote in Parliament
2009/04/22
   EP - Debate in Parliament
2009/04/22
   EP - Decision by Parliament, 1st reading
Details

The European Parliament adopted by 652 votes to 7, with 22 abstentions, a legislative resolution amending, under the first reading of codecision procedure, the proposal for a directive of the European Parliament and of the Council amending Council Directives 77/91/EEC, 78/855/EEC and 82/891/EEC and Directive 2005/56/EC as regards reporting and documentation requirements in the case of merger and divisions.

The main amendments are as follows:

- the legal basis should be Article 44(2)(g) of the Treaty;

- Company or other websites offer, in certain cases, an alternative to the publication using the companies registers. Member States will be able to designate those other Internet sites which companies may use free of charge for such publication, such as websites of business associations or chambers of commerce or the central electronic platform referred to in Article 3 of the First Council Directive of 9 March 1968 on co-ordination of safeguards which, for the protection of the interests of members and others, are required by Member States of certain companies, with a view to making such safeguards equivalent throughout the Community. Where there is the possibility to use company websites or other Internet sites for the publication of the draft terms of mergers and division and of other documents that have to be made available to shareholders and creditors in the process, guarantees related to the security of the site and the authenticity of the documents should be met;

- disclosure requirements concerning draft terms of merger in cross-border mergers under Directive 2005/56/EC should be similar to those applicable to domestic mergers and divisions under Directives 78/855/EEC and 82/891/EEC;

- Member States must be able to provide that there is no need for the extensive reporting or information requirements related to certain merger or division of companies, if all the shareholders of the companies involved in the merger or division agree that they may be dispensed with. Any modification of Directives 78/855/EEC and 82/891/EEC allowing such agreement by shareholders should be without prejudice to the systems of protection of the interests of creditors of the companies involved as well as to rules aimed at ensuring the provision of necessary information to the employees of the companies involved and to public authorities, such as tax authorities, controlling the merger or division in accordance with existing Community legislation;

- Mergers between parent companies and their subsidiaries have a reduced economic impact on shareholders and creditors where the holding of the parent company amounts to 90 percent or more of the shares or other securities conferring the right to vote of the subsidiary . The same applies to certain divisions, in particular when companies are split in new companies that are owned by the shareholders in the proportion to their rights in the company being divided. In these cases, the reporting requirements deriving from Directives 78/855/EEC and 82/891/EEC will therefore be reduced;

- lastly, a new review clause states that the Commission shall review the functioning of the Directive in 5 years, and in particular its effects on the reduction of administrative burdens on companies, in the light of experience acquired in its application, and shall present a report, accompanied, if necessary, by proposals for its further amendment.

Documents
2009/04/06
   EP - Committee report tabled for plenary, 1st reading/single reading
Documents
2009/04/06
   EP - Committee report tabled for plenary, 1st reading
Documents
2009/03/31
   EP - Vote in committee, 1st reading
Details

The Committee on Legal Affairs adopted the report by Renate WEBER (ALDE, RO) amending, under the first reading of codecision procedure, the proposal for a directive of the European Parliament and of the Council amending Council Directives 77/91/EEC, 78/855/EEC and 82/891/EEC and Directive 2005/56/EC as regards reporting and documentation requirements in the case of merger and divisions.

The main amendments are as follows:

-the legal basis should be Article 44(2)(g) of the Treaty;

-disclosure requirements concerning draft terms of merger in cross-border mergers under Directive 2005/56/EC should be similar to those applicable to domestic mergers and divisions under Directives 78/855/EEC and 82/891/EEC;

-the committee made some amendments regarding the publication of the draft terms of merger, and draft terms of division, which may be published on an Internet site. It specified that Member States may determine the consequences of temporary disruption of access to the Internet site and temporary disruption of the central electronic platform, caused by technical or other factors. Access to the Internet site via the central electronic platform shall be free of charge;

-it should be made clear that the shareholder has an option to choose whether he wants to obtain electronic or paper copies of documents that are often lengthy and burdensome to print or use in electronic version only;

-in case of simplified mergers the approval of the general meeting of each of the merging companies should not be required by Member States. This becomes a mandatory requirement rather than an option available to Member States;

-a new review clause states that the Commission shall review the functioning of the Directive in 5 years, and in particular its effects on the reduction of administrative burdens on companies, in the light of experience acquired in its application, and shall present a report, accompanied, if necessary, by proposals for its further amendment.

-lastly, the date of transposition should be by 30 June 2013 rather than 30 June 2011.

2009/03/11
   EP - Committee opinion
Documents
2009/02/26
   EP - Amendments tabled in committee
Documents
2009/02/25
   ESC - Economic and Social Committee: opinion, report
Documents
2009/01/23
   EP - Committee draft report
Documents
2008/11/03
   EP - WEBER Renate (ALDE) appointed as rapporteur in JURI
2008/10/22
   EP - MITCHELL Gay (PPE-DE) appointed as rapporteur in ECON
2008/10/09
   EP - Committee referral announced in Parliament, 1st reading
2008/09/24
   EC - Legislative proposal
Details

PURPOSE: to reduce administrative burdens imposed under the European Company Law Directives on public limited liability companies that deal with the modalities of domestic mergers and divisons.

PROPOSED ACT: Directive of the European Parliament and of the Council.

CONTENT: the European Council agreed, at its meeting on 8 and 9 March 2007, that administrative burdens on companies should be reduced by 25% by the year 2012 in order to enhance the competitiveness of companies in the Community. Company law has been identified as one area that contains a high number of information obligations for companies, some of which seem outdated or excessive.

The Commission adopted, in July 2007, a communication setting out its proposals for simplifying the areas of company law, accounting and auditing. Furthermore, in March 2007 and April 2008, two fast-track proposals were presented by the Commission in order to achieve a rapid reduction of administrative burdens through minor changes of the EU acquis. The first one was adopted in November 2007. The second proposal that takes up certain elements considered in the July 2007 Communication is still under consideration in the European Parliament and the Council.

The objective of the initiative is to complement these two measures and to contribute to enhancing the competitiveness of EU companies by reducing administrative burdens imposed under the European Company Law Directives where this can be done without major negative impact on other stakeholders. The initiative focuses on the Third Directive (Council Directive 78/855/EEC) concerning mergers of public limited liability companies and the Sixth Directive (Council Directive 82/891/EEC) concerning the division of public limited liability companies that deal with the modalities of domestic mergers and divisions.

The Third and the Sixth Directives currently contain a number of detailed reporting requirements that companies involved in a merger/division have to comply with and which impose considerable costs on them. In certain situations, the conjunction with the Second Directive can lead to a further increase in costs. Furthermore, the means provided for in the directives to inform shareholders about the details of the transactions were designed 30 years ago and therefore do not take into account today's technological possibilities. This leads to unnecessary costs and an excessive use of paper that can be avoided. Lastly, changes in other directives during the last years and in particular to the Second Directive in the area of creditor protection have lead to certain inconsistencies between the different directives.

The current proposal aims notably at:

reducing the reporting requirements of companies in the case of mergers and divisions, in particular where shareholders decide that certain reports are not needed and in the context of so-called "simplified" mergers and divisions between parent companies and their subsidiaries; avoiding double reporting where reporting requirements also result from other EU rules; introducing the possibility for companies to use the Internet and electronic mail in order to publish the draft terms of merger or division and to provide shareholders with the documentation required.

The Commission considers that the total potential burden savings of these measures is estimated to be as high as €172 million per year.

2008/09/24
   EC - Document attached to the procedure
2008/09/24
   EC - Document attached to the procedure
2008/09/23
   EC - Legislative proposal published
Details

PURPOSE: to reduce administrative burdens imposed under the European Company Law Directives on public limited liability companies that deal with the modalities of domestic mergers and divisons.

PROPOSED ACT: Directive of the European Parliament and of the Council.

CONTENT: the European Council agreed, at its meeting on 8 and 9 March 2007, that administrative burdens on companies should be reduced by 25% by the year 2012 in order to enhance the competitiveness of companies in the Community. Company law has been identified as one area that contains a high number of information obligations for companies, some of which seem outdated or excessive.

The Commission adopted, in July 2007, a communication setting out its proposals for simplifying the areas of company law, accounting and auditing. Furthermore, in March 2007 and April 2008, two fast-track proposals were presented by the Commission in order to achieve a rapid reduction of administrative burdens through minor changes of the EU acquis. The first one was adopted in November 2007. The second proposal that takes up certain elements considered in the July 2007 Communication is still under consideration in the European Parliament and the Council.

The objective of the initiative is to complement these two measures and to contribute to enhancing the competitiveness of EU companies by reducing administrative burdens imposed under the European Company Law Directives where this can be done without major negative impact on other stakeholders. The initiative focuses on the Third Directive (Council Directive 78/855/EEC) concerning mergers of public limited liability companies and the Sixth Directive (Council Directive 82/891/EEC) concerning the division of public limited liability companies that deal with the modalities of domestic mergers and divisions.

The Third and the Sixth Directives currently contain a number of detailed reporting requirements that companies involved in a merger/division have to comply with and which impose considerable costs on them. In certain situations, the conjunction with the Second Directive can lead to a further increase in costs. Furthermore, the means provided for in the directives to inform shareholders about the details of the transactions were designed 30 years ago and therefore do not take into account today's technological possibilities. This leads to unnecessary costs and an excessive use of paper that can be avoided. Lastly, changes in other directives during the last years and in particular to the Second Directive in the area of creditor protection have lead to certain inconsistencies between the different directives.

The current proposal aims notably at:

reducing the reporting requirements of companies in the case of mergers and divisions, in particular where shareholders decide that certain reports are not needed and in the context of so-called "simplified" mergers and divisions between parent companies and their subsidiaries; avoiding double reporting where reporting requirements also result from other EU rules; introducing the possibility for companies to use the Internet and electronic mail in order to publish the draft terms of merger or division and to provide shareholders with the documentation required.

The Commission considers that the total potential burden savings of these measures is estimated to be as high as €172 million per year.

Documents

Votes

Rapport Renate WEBER A6-0247/2009 - résolution législative #

2009/04/22 Outcome: +: 652, 0: 22, -: 7
DE FR GB IT PL ES RO NL HU BE CZ PT SE AT EL BG FI DK LT SK LV IE SI EE LU MT CY ??
Total
94
69
69
51
44
43
31
26
23
22
23
21
17
18
18
15
14
13
12
12
9
9
7
6
6
4
4
1
icon: PPE-DE PPE-DE
256

Denmark PPE-DE

1
2

Latvia PPE-DE

3

Estonia PPE-DE

For (1)

1

Luxembourg PPE-DE

3

Malta PPE-DE

2

Cyprus PPE-DE

2
icon: PSE PSE
193

Czechia PSE

2

Lithuania PSE

2

Slovenia PSE

For (1)

1

Estonia PSE

3

Luxembourg PSE

For (1)

1

Malta PSE

2
icon: ALDE ALDE
85

Spain ALDE

1
2

Sweden ALDE

2

Austria ALDE

1

Latvia ALDE

1

Ireland ALDE

For (1)

1

Slovenia ALDE

2

Estonia ALDE

2

Luxembourg ALDE

For (1)

1

Cyprus ALDE

For (1)

1

ALDE

1
icon: Verts/ALE Verts/ALE
42

United Kingdom Verts/ALE

5

Italy Verts/ALE

2

Romania Verts/ALE

1

Belgium Verts/ALE

2

Sweden Verts/ALE

For (1)

1

Austria Verts/ALE

2

Finland Verts/ALE

For (1)

1

Denmark Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Luxembourg Verts/ALE

For (1)

1
icon: UEN UEN
37

Denmark UEN

For (1)

1

Lithuania UEN

2

Ireland UEN

3
icon: GUE/NGL GUE/NGL
33

Netherlands GUE/NGL

2

Portugal GUE/NGL

For (1)

3

Sweden GUE/NGL

2

Greece GUE/NGL

Against (1)

1

Finland GUE/NGL

For (1)

1

Denmark GUE/NGL

1

Ireland GUE/NGL

1

Cyprus GUE/NGL

Abstain (1)

1
icon: NI NI
22

United Kingdom NI

Against (1)

6

Italy NI

Abstain (1)

1

Poland NI

1

Czechia NI

1

Austria NI

Abstain (1)

2

Slovakia NI

1
icon: IND/DEM IND/DEM
13

France IND/DEM

2

United Kingdom IND/DEM

4

Poland IND/DEM

2

Netherlands IND/DEM

2

Czechia IND/DEM

Against (1)

1

Sweden IND/DEM

For (1)

1

Denmark IND/DEM

For (1)

1
AmendmentsDossier
30 2008/0182(COD)
2009/01/30 ECON 10 amendments...
source: PE-418.454
2009/02/26 JURI 20 amendments...
source: PE-420.211

History

(these mark the time of scraping, not the official date of the change)

docs/0
date
2008-09-24T00:00:00
docs
type
Document attached to the procedure
body
EC
docs/0
date
2008-09-24T00:00:00
docs
summary
type
Legislative proposal
body
EC
docs/1
date
2008-09-24T00:00:00
docs
type
Document attached to the procedure
body
EC
docs/1
date
2008-09-24T00:00:00
docs
type
Document attached to the procedure
body
EC
docs/1/docs/0/url
Old
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/sec/2008/2486/COM_SEC(2008)2486_EN.pdf
New
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2008/2486/COM_SEC(2008)2486_EN.pdf
docs/2
date
2008-09-24T00:00:00
docs
type
Document attached to the procedure
body
EC
docs/2/docs/0/url
Old
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2008/2487/COM_SEC(2008)2487_EN.pdf
New
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/sec/2008/2487/COM_SEC(2008)2487_EN.pdf
docs/5
date
2009-03-11T00:00:00
docs
url: http://nullEN&reference=PE418.080&secondRef=02 title: PE418.080
committee
ECON
type
Committee opinion
body
EP
docs/6
date
2009-03-11T00:00:00
docs
url: http://nullEN&reference=PE418.080&secondRef=02 title: PE418.080
committee
ECON
type
Committee opinion
body
EP
docs/6/docs/0/url
Old
http://nullEN&reference=PE418.080&secondRef=02
New
https://www.europarl.europa.eu/doceo/document/ECON-AD-418080_EN.html
events/0
date
2008-09-23T00:00:00
type
Legislative proposal published
body
EC
docs
summary
events/0
date
2008-09-24T00:00:00
type
Legislative proposal published
body
EC
docs
summary
links/National parliaments/url
Old
http://www.ipex.eu/IPEXL-WEB/dossier/dossier.do?code=COD&year=2008&number=0182&appLng=EN
New
https://ipexl.europarl.europa.eu/IPEXL-WEB/dossier/code=COD&year=2008&number=0182&appLng=EN
docs/0/docs/0/url
Old
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2008/2486/COM_SEC(2008)2486_EN.pdf
New
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/sec/2008/2486/COM_SEC(2008)2486_EN.pdf
docs/2/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE416.662
New
https://www.europarl.europa.eu/doceo/document/EN&reference=PE416.662
docs/3/docs/0/url
Old
https://dm.eesc.europa.eu/EESCDocumentSearch/Pages/redresults.aspx?k=(documenttype:AC)(documentnumber:0332)(documentyear:2009)(documentlanguage:EN)
New
https://dmsearch.eesc.europa.eu/search/public?k=(documenttype:AC)(documentnumber:0332)(documentyear:2009)(documentlanguage:EN)
docs/4/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE420.211
New
https://www.europarl.europa.eu/doceo/document/EN&reference=PE420.211
docs/5/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE418.080&secondRef=02
New
http://nullEN&reference=PE418.080&secondRef=02
docs/6/docs/0/url
Old
http://www.europarl.europa.eu/doceo/document/A-6-2009-0247_EN.html
New
https://www.europarl.europa.eu/doceo/document/A-6-2009-0247_EN.html
docs/7/docs/0/url
/oeil/spdoc.do?i=17123&j=0&l=en
events/0/docs/0/url
Old
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2008/0576/COM_COM(2008)0576_EN.pdf
New
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2008/0576/COM_COM(2008)0576_EN.pdf
events/1/type
Old
Committee referral announced in Parliament, 1st reading/single reading
New
Committee referral announced in Parliament, 1st reading
events/2/type
Old
Vote in committee, 1st reading/single reading
New
Vote in committee, 1st reading
events/3
date
2009-04-06T00:00:00
type
Committee report tabled for plenary, 1st reading
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/A-6-2009-0247_EN.html title: A6-0247/2009
events/3
date
2009-04-06T00:00:00
type
Committee report tabled for plenary, 1st reading/single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/A-6-2009-0247_EN.html title: A6-0247/2009
events/5/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20090422&type=CRE
New
https://www.europarl.europa.eu/doceo/document/EN&reference=20090422&type=CRE
events/6
date
2009-04-22T00:00:00
type
Decision by Parliament, 1st reading
body
EP
docs
url: https://www.europarl.europa.eu/doceo/document/TA-6-2009-0250_EN.html title: T6-0250/2009
summary
events/6
date
2009-04-22T00:00:00
type
Decision by Parliament, 1st reading/single reading
body
EP
docs
url: http://www.europarl.europa.eu/doceo/document/TA-6-2009-0250_EN.html title: T6-0250/2009
summary
events/10/docs/1/url
Old
https://eur-lex.europa.eu/JOHtml.do?uri=OJ:L:2009:259:SOM:EN:HTML
New
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2009:259:TOC
procedure/instrument/1
Amending Directive 2005/56/EC, Cross-border mergers Directive 2003/0277(COD)
procedure/instrument/1
Amending Second Directive 77/91/EEC Amending Third Directive 78/855/EEC Amending Sixth Directive 82/891/EEC Amending Directive 2005/56/EC, Cross-border mergers Directive 2003/0277(COD)
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Legal Affairs
committee
JURI
rapporteur
name: WEBER Renate date: 2008-11-03T00:00:00 group: Alliance of Liberals and Democrats for Europe abbr: ALDE
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Legal Affairs
committee
JURI
date
2008-11-03T00:00:00
rapporteur
name: WEBER Renate group: Alliance of Liberals and Democrats for Europe abbr: ALDE
committees/1
type
Committee Opinion
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
rapporteur
name: MITCHELL Gay date: 2008-10-22T00:00:00 group: European People's Party (Christian Democrats) and European Democrats abbr: PPE-DE
committees/1
type
Committee Opinion
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
date
2008-10-22T00:00:00
rapporteur
name: MITCHELL Gay group: European People's Party (Christian Democrats) and European Democrats abbr: PPE-DE
docs/0/docs/0/url
Old
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/sec/2008/2486/COM_SEC(2008)2486_EN.pdf
New
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2008/2486/COM_SEC(2008)2486_EN.pdf
docs/6/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2009-247&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2009-0247_EN.html
docs/7/body
EC
events/3/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2009-247&language=EN
New
http://www.europarl.europa.eu/doceo/document/A-6-2009-0247_EN.html
events/6/docs/0/url
Old
http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2009-250
New
http://www.europarl.europa.eu/doceo/document/TA-6-2009-0250_EN.html
procedure/instrument/1
Amending Second Directive 77/91/EEC Amending Third Directive 78/855/EEC Amending Sixth Directive 82/891/EEC Amending Directive 2005/56/EC, Cross-border mergers Directive 2003/0277(COD)
procedure/instrument/1
Amending Sixth Directive 82/891/EEC Amending Second Directive 77/91/EEC Amending Third Directive 78/855/EEC Amending Directive 2005/56/EC, Cross-border mergers Directive 2003/0277(COD)
activities
  • date: 2008-09-24T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2008/0576/COM_COM(2008)0576_EN.pdf title: COM(2008)0576 type: Legislative proposal published celexid: CELEX:52008PC0576:EN body: EC commission: DG: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services Commissioner: MCCREEVY Charlie type: Legislative proposal published
  • date: 2008-10-09T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: False committee: ECON date: 2008-10-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MITCHELL Gay body: EP responsible: True committee: JURI date: 2008-11-03T00:00:00 committee_full: Legal Affairs rapporteur: group: ALDE name: WEBER Renate
  • date: 2009-03-31T00:00:00 body: EP committees: body: EP responsible: False committee: ECON date: 2008-10-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MITCHELL Gay body: EP responsible: True committee: JURI date: 2008-11-03T00:00:00 committee_full: Legal Affairs rapporteur: group: ALDE name: WEBER Renate type: Vote in committee, 1st reading/single reading
  • date: 2009-04-06T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2009-247&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A6-0247/2009 body: EP committees: body: EP responsible: False committee: ECON date: 2008-10-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MITCHELL Gay body: EP responsible: True committee: JURI date: 2008-11-03T00:00:00 committee_full: Legal Affairs rapporteur: group: ALDE name: WEBER Renate type: Committee report tabled for plenary, 1st reading/single reading
  • date: 2009-04-22T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=17123&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20090422&type=CRE type: Debate in Parliament title: Debate in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2009-250 type: Decision by Parliament, 1st reading/single reading title: T6-0250/2009 body: EP type: Results of vote in Parliament
  • date: 2009-07-27T00:00:00 body: CSL type: Council Meeting council: General Affairs meeting_id: 2957
  • date: 2009-07-27T00:00:00 body: EP/CSL type: Act adopted by Council after Parliament's 1st reading
  • date: 2009-09-16T00:00:00 body: CSL type: Final act signed
  • date: 2009-09-16T00:00:00 body: EP type: End of procedure in Parliament
  • date: 2009-10-02T00:00:00 type: Final act published in Official Journal docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32009L0109 title: Directive 2009/109 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2009:259:TOC title: OJ L 259 02.10.2009, p. 0014
commission
  • body: EC dg: Financial Stability, Financial Services and Capital Markets Union commissioner: MCCREEVY Charlie
committees/0
type
Responsible Committee
body
EP
associated
False
committee_full
Legal Affairs
committee
JURI
date
2008-11-03T00:00:00
rapporteur
name: WEBER Renate group: Alliance of Liberals and Democrats for Europe abbr: ALDE
committees/0
body
EP
responsible
False
committee
ECON
date
2008-10-22T00:00:00
committee_full
Economic and Monetary Affairs
rapporteur
group: PPE-DE name: MITCHELL Gay
committees/1
type
Committee Opinion
body
EP
associated
False
committee_full
Economic and Monetary Affairs
committee
ECON
date
2008-10-22T00:00:00
rapporteur
name: MITCHELL Gay group: European People's Party (Christian Democrats) and European Democrats abbr: PPE-DE
committees/1
body
EP
responsible
True
committee
JURI
date
2008-11-03T00:00:00
committee_full
Legal Affairs
rapporteur
group: ALDE name: WEBER Renate
council
  • body: CSL type: Council Meeting council: General Affairs meeting_id: 2957 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2957*&MEET_DATE=27/07/2009 date: 2009-07-27T00:00:00
docs
  • date: 2008-09-24T00:00:00 docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/sec/2008/2486/COM_SEC(2008)2486_EN.pdf title: SEC(2008)2486 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=SECfinal&an_doc=2008&nu_doc=2486 title: EUR-Lex type: Document attached to the procedure body: EC
  • date: 2008-09-24T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2008/2487/COM_SEC(2008)2487_EN.pdf title: SEC(2008)2487 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=SECfinal&an_doc=2008&nu_doc=2487 title: EUR-Lex type: Document attached to the procedure body: EC
  • date: 2009-01-23T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE416.662 title: PE416.662 type: Committee draft report body: EP
  • date: 2009-02-25T00:00:00 docs: url: https://dm.eesc.europa.eu/EESCDocumentSearch/Pages/redresults.aspx?k=(documenttype:AC)(documentnumber:0332)(documentyear:2009)(documentlanguage:EN) title: CES0332/2009 type: Economic and Social Committee: opinion, report body: ESC
  • date: 2009-02-26T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE420.211 title: PE420.211 type: Amendments tabled in committee body: EP
  • date: 2009-03-11T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE418.080&secondRef=02 title: PE418.080 committee: ECON type: Committee opinion body: EP
  • date: 2009-04-06T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2009-247&language=EN title: A6-0247/2009 type: Committee report tabled for plenary, 1st reading/single reading body: EP
  • date: 2009-06-25T00:00:00 docs: url: /oeil/spdoc.do?i=17123&j=0&l=en title: SP(2009)3507 type: Commission response to text adopted in plenary
  • date: 2009-09-16T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=[%n4]%2F09&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 03644/2009/LEX type: Draft final act body: CSL
events
  • date: 2008-09-24T00:00:00 type: Legislative proposal published body: EC docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2008/0576/COM_COM(2008)0576_EN.pdf title: COM(2008)0576 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2008&nu_doc=576 title: EUR-Lex summary: PURPOSE: to reduce administrative burdens imposed under the European Company Law Directives on public limited liability companies that deal with the modalities of domestic mergers and divisons. PROPOSED ACT: Directive of the European Parliament and of the Council. CONTENT: the European Council agreed, at its meeting on 8 and 9 March 2007, that administrative burdens on companies should be reduced by 25% by the year 2012 in order to enhance the competitiveness of companies in the Community. Company law has been identified as one area that contains a high number of information obligations for companies, some of which seem outdated or excessive. The Commission adopted, in July 2007, a communication setting out its proposals for simplifying the areas of company law, accounting and auditing. Furthermore, in March 2007 and April 2008, two fast-track proposals were presented by the Commission in order to achieve a rapid reduction of administrative burdens through minor changes of the EU acquis. The first one was adopted in November 2007. The second proposal that takes up certain elements considered in the July 2007 Communication is still under consideration in the European Parliament and the Council. The objective of the initiative is to complement these two measures and to contribute to enhancing the competitiveness of EU companies by reducing administrative burdens imposed under the European Company Law Directives where this can be done without major negative impact on other stakeholders. The initiative focuses on the Third Directive (Council Directive 78/855/EEC) concerning mergers of public limited liability companies and the Sixth Directive (Council Directive 82/891/EEC) concerning the division of public limited liability companies that deal with the modalities of domestic mergers and divisions. The Third and the Sixth Directives currently contain a number of detailed reporting requirements that companies involved in a merger/division have to comply with and which impose considerable costs on them. In certain situations, the conjunction with the Second Directive can lead to a further increase in costs. Furthermore, the means provided for in the directives to inform shareholders about the details of the transactions were designed 30 years ago and therefore do not take into account today's technological possibilities. This leads to unnecessary costs and an excessive use of paper that can be avoided. Lastly, changes in other directives during the last years and in particular to the Second Directive in the area of creditor protection have lead to certain inconsistencies between the different directives. The current proposal aims notably at: reducing the reporting requirements of companies in the case of mergers and divisions, in particular where shareholders decide that certain reports are not needed and in the context of so-called "simplified" mergers and divisions between parent companies and their subsidiaries; avoiding double reporting where reporting requirements also result from other EU rules; introducing the possibility for companies to use the Internet and electronic mail in order to publish the draft terms of merger or division and to provide shareholders with the documentation required. The Commission considers that the total potential burden savings of these measures is estimated to be as high as €172 million per year.
  • date: 2008-10-09T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2009-03-31T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary: The Committee on Legal Affairs adopted the report by Renate WEBER (ALDE, RO) amending, under the first reading of codecision procedure, the proposal for a directive of the European Parliament and of the Council amending Council Directives 77/91/EEC, 78/855/EEC and 82/891/EEC and Directive 2005/56/EC as regards reporting and documentation requirements in the case of merger and divisions. The main amendments are as follows: -the legal basis should be Article 44(2)(g) of the Treaty; -disclosure requirements concerning draft terms of merger in cross-border mergers under Directive 2005/56/EC should be similar to those applicable to domestic mergers and divisions under Directives 78/855/EEC and 82/891/EEC; -the committee made some amendments regarding the publication of the draft terms of merger, and draft terms of division, which may be published on an Internet site. It specified that Member States may determine the consequences of temporary disruption of access to the Internet site and temporary disruption of the central electronic platform, caused by technical or other factors. Access to the Internet site via the central electronic platform shall be free of charge; -it should be made clear that the shareholder has an option to choose whether he wants to obtain electronic or paper copies of documents that are often lengthy and burdensome to print or use in electronic version only; -in case of simplified mergers the approval of the general meeting of each of the merging companies should not be required by Member States. This becomes a mandatory requirement rather than an option available to Member States; -a new review clause states that the Commission shall review the functioning of the Directive in 5 years, and in particular its effects on the reduction of administrative burdens on companies, in the light of experience acquired in its application, and shall present a report, accompanied, if necessary, by proposals for its further amendment. -lastly, the date of transposition should be by 30 June 2013 rather than 30 June 2011.
  • date: 2009-04-06T00:00:00 type: Committee report tabled for plenary, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2009-247&language=EN title: A6-0247/2009
  • date: 2009-04-22T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=17123&l=en title: Results of vote in Parliament
  • date: 2009-04-22T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20090422&type=CRE title: Debate in Parliament
  • date: 2009-04-22T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2009-250 title: T6-0250/2009 summary: The European Parliament adopted by 652 votes to 7, with 22 abstentions, a legislative resolution amending, under the first reading of codecision procedure, the proposal for a directive of the European Parliament and of the Council amending Council Directives 77/91/EEC, 78/855/EEC and 82/891/EEC and Directive 2005/56/EC as regards reporting and documentation requirements in the case of merger and divisions. The main amendments are as follows: - the legal basis should be Article 44(2)(g) of the Treaty; - Company or other websites offer, in certain cases, an alternative to the publication using the companies registers. Member States will be able to designate those other Internet sites which companies may use free of charge for such publication, such as websites of business associations or chambers of commerce or the central electronic platform referred to in Article 3 of the First Council Directive of 9 March 1968 on co-ordination of safeguards which, for the protection of the interests of members and others, are required by Member States of certain companies, with a view to making such safeguards equivalent throughout the Community. Where there is the possibility to use company websites or other Internet sites for the publication of the draft terms of mergers and division and of other documents that have to be made available to shareholders and creditors in the process, guarantees related to the security of the site and the authenticity of the documents should be met; - disclosure requirements concerning draft terms of merger in cross-border mergers under Directive 2005/56/EC should be similar to those applicable to domestic mergers and divisions under Directives 78/855/EEC and 82/891/EEC; - Member States must be able to provide that there is no need for the extensive reporting or information requirements related to certain merger or division of companies, if all the shareholders of the companies involved in the merger or division agree that they may be dispensed with. Any modification of Directives 78/855/EEC and 82/891/EEC allowing such agreement by shareholders should be without prejudice to the systems of protection of the interests of creditors of the companies involved as well as to rules aimed at ensuring the provision of necessary information to the employees of the companies involved and to public authorities, such as tax authorities, controlling the merger or division in accordance with existing Community legislation; - Mergers between parent companies and their subsidiaries have a reduced economic impact on shareholders and creditors where the holding of the parent company amounts to 90 percent or more of the shares or other securities conferring the right to vote of the subsidiary . The same applies to certain divisions, in particular when companies are split in new companies that are owned by the shareholders in the proportion to their rights in the company being divided. In these cases, the reporting requirements deriving from Directives 78/855/EEC and 82/891/EEC will therefore be reduced; - lastly, a new review clause states that the Commission shall review the functioning of the Directive in 5 years, and in particular its effects on the reduction of administrative burdens on companies, in the light of experience acquired in its application, and shall present a report, accompanied, if necessary, by proposals for its further amendment.
  • date: 2009-07-27T00:00:00 type: Act adopted by Council after Parliament's 1st reading body: EP/CSL
  • date: 2009-09-16T00:00:00 type: Final act signed body: CSL
  • date: 2009-09-16T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2009-10-02T00:00:00 type: Final act published in Official Journal summary: PURPOSE: to reduce administrative burdens relating in particular to publication and documentation obligations of public limited liability companies within the Community. LEGISLATIVE ACT: Directive 2009/109/EC of the European Parliament and of the Council amending Council Directives 77/91/EEC, 78/855/EEC and 82/891/EEC, and Directive 2005/56/EC as regards reporting and documentation requirements in the case of mergers and divisions. CONTENT: the Council adopted, by qualified majority, this Directive simplifying the rules on reporting and documentation requirements in the event of mergers and divisions of EU companies, following an agreement with the European Parliament in first reading. The German and Austrian delegations voted against. The European Council agreed, at its meeting on 8 and 9 March 2007, that administrative burdens on companies should be reduced by 25 % by the year 2012 in order to enhance the competitiveness of companies in the Community. Therefore, in this context, it is appropriate to review those obligations and, where appropriate, to reduce the administrative burdens weighing on companies within the Community to the minimum needed. The Directive is aimed at reducing costs relating to mergers or divisions by limiting detailed reporting requirements , as well as by allowing companies to provide the necessary information to shareholders or third parties by electronic means , instead of convening general meetings. It modifies Directive 78/855/EEC on mergers (Third Company Law Directive) and Directive 82/891/EEC on divisions of companies (Sixth Company Law Directive). It also introduces the necessary adjustments to Directive 2005/56/EC on cross-border mergers and Directive 77/91/EEC as regards safeguards relating to the company’s capital, in line with the modifications to the Third and Sixth Company Law Directives. The main amendments are as follows: company websites or other websites offer, in certain cases, an alternative to publication via the companies registers. Under the new Directive, Member States should be able to designate those other websites which companies may use free of charge for such publication, such as websites of business associations or chambers of commerce or the central electronic platform referred to in First Council Directive 68/151/EEC on coordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies with a view to making such safeguards equivalent throughout the Community. Where the possibility exists of using company or other websites for publication of draft terms of merger and/or division and of other documents that have to be made available to shareholders and creditors in the process, guarantees relating to the security of the website and the authenticity of the documents should be met; disclosure requirements concerning draft terms of merger in cross-border mergers under Directive 2005/56/EC should be similar to those applicable to domestic mergers and divisions under Directives 78/855/EEC and 82/891/EEC; Member States must be able to provide that there is no need for the extensive reporting or information requirements related to certain merger or division of companies, if all the shareholders of the companies involved in the merger or division agree that they may be dispensed with. Any modification of Directives 78/855/EEC and 82/891/EEC allowing such agreement by shareholders should be without prejudice to the systems of protection of the interests of creditors of the companies involved as well as to rules aimed at ensuring the provision of necessary information to the employees of the companies involved and to public authorities, such as tax authorities, controlling the merger or division in accordance with existing Community legislation; an independent expert’s report as provided for under Directive 77/91/EEC is often not needed where an independent expert’s report protecting the interests of shareholders or creditors also has to be drawn up in the context of the merger or the division. Member States should therefore have the possibility in such cases of dispensing companies from the reporting requirement under Directive 77/91/EEC or of providing that both reports may be drawn up by the same expert; mergers between parent companies and their subsidiaries have a reduced economic impact on shareholders and creditors where the holding of the parent company amounts to 90 percent or more of the shares or other securities conferring the right to vote of the subsidiary . The same applies to certain divisions, in particular when companies are split in new companies that are owned by the shareholders in the proportion to their rights in the company being divided. In these cases, the reporting requirements deriving from Directives 78/855/EEC and 82/891/EEC will therefore be reduced. Review : five years after the date of transposition, the Commission shall review the functioning of those provisions of Directives 77/91/EEC, 78/855/EEC, 82/891/EEC and 2005/56/EC which are amended or added by this Directive, and in particular their effects on the reduction of administrative burdens on companies, in the light of experience acquired in their application, and shall present a report to the European Parliament and the Council, accompanied if necessary by proposals for further amendments of those directives. ENTRY INTO FORCE: 22/10/2009. TRANSPOSITION: 30/06/2011. docs: title: Directive 2009/109 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32009L0109 title: OJ L 259 02.10.2009, p. 0014 url: https://eur-lex.europa.eu/JOHtml.do?uri=OJ:L:2009:259:SOM:EN:HTML
other
  • body: EC dg: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services commissioner: MCCREEVY Charlie
procedure/dossier_of_the_committee
Old
JURI/6/67796
New
  • JURI/6/67796
procedure/final/url
Old
http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32009L0109
New
https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32009L0109
procedure/instrument
Old
Directive
New
  • Directive
  • Amending Sixth Directive 82/891/EEC Amending Second Directive 77/91/EEC Amending Third Directive 78/855/EEC Amending Directive 2005/56/EC, Cross-border mergers Directive 2003/0277(COD)
procedure/subject
Old
  • 2.60.04 Economic concentration, mergers, takeover bids, holding companies
  • 3.45.08 Business environment, reduction of the administrative burdens
New
2.60.04
Economic concentration, mergers, takeover bids, holding companies
3.45.08
Business environment, reduction of the administrative burdens
procedure/summary
  • Amending Directive 2005/56/EC, Cross-border mergers Directive
  • Amending Second Directive 77/91/EEC
  • Amending Sixth Directive 82/891/EEC
  • Amending Third Directive 78/855/EEC
activities/0/docs/0/url
Old
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2008/0576/COM_COM(2008)0576_EN.pdf
New
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2008/0576/COM_COM(2008)0576_EN.pdf
links/European Commission/title
Old
PreLex
New
EUR-Lex
activities
  • date: 2008-09-24T00:00:00 docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2008/0576/COM_COM(2008)0576_EN.pdf celexid: CELEX:52008PC0576:EN type: Legislative proposal published title: COM(2008)0576 type: Legislative proposal published body: EC commission: DG: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services Commissioner: MCCREEVY Charlie
  • date: 2008-10-09T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: False committee: ECON date: 2008-10-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MITCHELL Gay body: EP responsible: True committee: JURI date: 2008-11-03T00:00:00 committee_full: Legal Affairs rapporteur: group: ALDE name: WEBER Renate
  • date: 2009-03-31T00:00:00 body: EP committees: body: EP responsible: False committee: ECON date: 2008-10-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MITCHELL Gay body: EP responsible: True committee: JURI date: 2008-11-03T00:00:00 committee_full: Legal Affairs rapporteur: group: ALDE name: WEBER Renate type: Vote in committee, 1st reading/single reading
  • date: 2009-04-06T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2009-247&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A6-0247/2009 body: EP committees: body: EP responsible: False committee: ECON date: 2008-10-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MITCHELL Gay body: EP responsible: True committee: JURI date: 2008-11-03T00:00:00 committee_full: Legal Affairs rapporteur: group: ALDE name: WEBER Renate type: Committee report tabled for plenary, 1st reading/single reading
  • date: 2009-04-22T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=17123&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20090422&type=CRE type: Debate in Parliament title: Debate in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2009-250 type: Decision by Parliament, 1st reading/single reading title: T6-0250/2009 body: EP type: Results of vote in Parliament
  • date: 2009-07-27T00:00:00 body: CSL type: Council Meeting council: General Affairs meeting_id: 2957
  • date: 2009-07-27T00:00:00 body: EP/CSL type: Act adopted by Council after Parliament's 1st reading
  • date: 2009-09-16T00:00:00 body: CSL type: Final act signed
  • date: 2009-09-16T00:00:00 body: EP type: End of procedure in Parliament
  • date: 2009-10-02T00:00:00 type: Final act published in Official Journal docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32009L0109 title: Directive 2009/109 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2009:259:TOC title: OJ L 259 02.10.2009, p. 0014
committees
  • body: EP responsible: False committee: ECON date: 2008-10-22T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PPE-DE name: MITCHELL Gay
  • body: EP responsible: True committee: JURI date: 2008-11-03T00:00:00 committee_full: Legal Affairs rapporteur: group: ALDE name: WEBER Renate
links
National parliaments
European Commission
other
  • body: EC dg: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services commissioner: MCCREEVY Charlie
procedure
dossier_of_the_committee
JURI/6/67796
reference
2008/0182(COD)
instrument
Directive
legal_basis
EC Treaty (after Amsterdam) EC 044-p2
stage_reached
Procedure completed
summary
subtype
Legislation
title
Mergers and divisions: reporting and documentation requirements
type
COD - Ordinary legislative procedure (ex-codecision procedure)
final
subject