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Council Regulation (EC) No 1435/2003 of 22 July 2003 on the Statute for a European Cooperative Society (SCE) article 27 CELEX: 02003R1435-20030821 Approval of the terms of merger
1. The general meeting of each of the merging cooperatives shall approve the draft terms of the merger. 2. Employee involvement in the SCE shall be decided upon pursuant to Directive 2003/72/EC. The general meetings of each of the merging cooperatives may reserve the right to make registration of the SCE conditional upon its express ratification of the arrangements so decided. |