Directive 2012/30 - Coordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 54 of the Treaty on the Functioning of the EU, in respect of the formation of public limited liability companies and the maintenance and alteration of their capital, with a view to making such safeguards equivalent (recast)

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Contents

  1. Current status
  2. Key information
  3. Key dates
  4. Legislative text
  5. Original proposal
  6. Sources and disclaimer
  7. Full version
  8. EU Monitor

1.

Current status

This directive was in effect from December  4, 2012 until July 19, 2017.

2.

Key information

official title

Directive 2012/30/EU of the European Parliament and of the Council of 25 October 2012 on coordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 54 of the Treaty on the Functioning of the European Union, in respect of the formation of public limited liability companies and the maintenance and alteration of their capital, with a view to making such safeguards equivalent (recast) Text with EEA relevance
 
Legal instrument Directive
Number legal act Directive 2012/30
Original proposal COM(2011)29 EN
CELEX number387 32012L0030

3.

Key dates

Document 25-10-2012
Publication in Official Journal 14-11-2012; Special edition in Croatian: Chapter 17 Volume 003,OJ L 315, 14.11.2012
Effect 04-12-2012; Entry into force Date pub. +20 See Art 49
End of validity 19-07-2017; Repealed by 32017L1132

4.

Legislative text

14.11.2012   

EN

Official Journal of the European Union

L 315/74
 

DIRECTIVE 2012/30/EU OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

of 25 October 2012

on coordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 54 of the Treaty on the Functioning of the European Union, in respect of the formation of public limited liability companies and the maintenance and alteration of their capital, with a view to making such safeguards equivalent

(Recast)

(Text with EEA relevance)

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 50(1) and (2) (g) thereof,

Having regard to the proposal from the European Commission,

After transmission of the draft legislative act to the national parliaments,

Having regard to the opinion of the European Economic and Social Committee (1),

Acting in accordance with the ordinary legislative procedure (2),

Whereas:

 

(1)

Second Council Directive 77/91/EEC of 13 December 1976 on coordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 54 of the Treaty, in respect of the formation of public limited liability companies and the maintenance and alteration of their capital, with a view to making such safeguards equivalent (3) has been substantially amended several times (4). Since further amendments are to be made, it should be recast in the interests of clarity.
 

(2)

The coordination provided for in point (g) of Article 50(2) of the Treaty and in the General Programme for the abolition of restrictions on freedom of establishment, which was begun by First Council Directive 68/151/EEC 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 companies within the meaning of the second paragraph of Article 58 of the Treaty, with a view to making such safeguards equivalent throughout the Community (5), is especially important in relation to public limited liability companies, because their activities predominate in the economy of the Member States and frequently extend beyond their national boundaries.
 

(3)

In order to ensure minimum equivalent protection for both shareholders and creditors of public limited liability companies, the coordination of national provisions relating to their formation and to the maintenance, increase or reduction of their capital is particularly important.
 

(4)

In the Union, the statutes or instrument of incorporation of a public limited liability company must make it possible for any interested person to acquaint himself with the basic particulars of the company, including the exact composition of its capital.
 

(5)

Union provisions are necessary for maintaining the capital, which constitutes the creditors' security, in particular by prohibiting any reduction thereof by distribution to shareholders where the latter are not entitled to it and by imposing limits on the company's right to acquire its own shares.
 

(6)

The restrictions on a company's acquisition of its own shares should apply not only to acquisitions made by a company itself but also to those made by any person acting in his own name but on the company's behalf.
 

(7)

In order to prevent a public limited liability company from using another company in which it holds a majority of the voting rights or on which it can exercise a dominant influence to make such acquisitions without complying with the restrictions imposed in that respect, the arrangements governing a company's acquisition of its own shares...


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This text has been adopted from EUR-Lex.

5.

Original proposal

 

6.

Sources and disclaimer

For further information you may want to consult the following sources that have been used to compile this dossier:

This dossier is compiled each night drawing from aforementioned sources through automated processes. We have invested a great deal in optimising the programming underlying these processes. However, we cannot guarantee the sources we draw our information from nor the resulting dossier are without fault.

 

7.

Full version

This page is also available in a full version containing the summary of legislation, de geconsolideerde versie, the legal context, de Europese rechtsgrond, other dossiers related to the dossier at hand, the related cases of the European Court of Justice and finally consultations relevant to the dossier at hand.

The full version is available for registered users of the EU Monitor by ANP and PDC Informatie Architectuur.

8.

EU Monitor

The EU Monitor enables its users to keep track of the European process of lawmaking, focusing on the relevant dossiers. It automatically signals developments in your chosen topics of interest. Apologies to unregistered users, we can no longer add new users.This service will discontinue in the near future.

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    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
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    COM(2008) 544 final.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    COM(2008) 544 final.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    COM(2008) 544 final.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    COM(2008) 544 final.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    COM(2008) 544 final.

     
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    COM(2008) 544 final.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    COM(2008) 544 final.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
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    COM(2010) 388 final.

     
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    OJ L 26, 31.1.1977, p. 1.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    OJ L 26, 31.1.1977, p. 1.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 174. 
    COM(2008) 544 final.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 176. 
    COM(2008) 544 final.

     
  • 177. 
    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    COM(2010) 388 final.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 192. 
    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
  • 193. 
    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
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    OJ C
     
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    COM(2008) 544 final.

     
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    COM(2008) 544 final.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    COM(2010) 388 final.

     
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    COM(2010) 388 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
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    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2008) 544 final.

     
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    OJ L 26, 31.1.1977, p. 1.

     
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    See Annex II, Part A.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    COM(2008) 544 final.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    COM(2010) 388 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    OJ L 157, 9.6.2006, p. 87.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
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    COM(2010) 388 final.

     
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    COM(2008) 544 final.

     
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    OJ C 102, 4.4.1996, p. 2.

     
  • 260. 
    COM(2010) 388 final.

     
  • 261. 
    COM(2008) 544 final.

     
  • 262. 
    COM(2010) 388 final.

     
  • 263. 
    COM(2008) 544 final.

     
  • 264. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 265. 
    OJ L 26, 31.1.1977, p. 1.

     
  • 266. 
    OJ L 26, 31.1.1977, p. 1.

     
  • 267. 
    COM(2008) 544 final.

     
  • 268. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 269. 
    COM(2010) 388 final.

     
  • 270. 
    COM(2008) 544 final.

     
  • 271. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 272. 
    COM(2008) 544 final.

     
  • 273. 
    COM(2008) 544 final.

     
  • 274. 
    COM(2008) 544 final.

     
  • 275. 
    COM(2008) 544 final.

     
  • 276. 
    OJ L 193, 18.7.1983, p.
     
  • 277. 
    COM(2008) 544 final.

     
  • 278. 
    COM(2008) 544 final.

     
  • 279. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 280. 
    COM(2010) 388 final.

     
  • 281. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 282. 
    COM(2010) 388 final.

     
  • 283. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 284. 
    COM(2010) 388 final.

     
  • 285. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 286. 
    COM(2008) 544 final.

     
  • 287. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 288. 
    COM(2008) 544 final.

     
  • 289. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 290. 
    COM(2008) 544 final.

     
  • 291. 
    COM(2008) 544 final.

     
  • 292. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 293. 
    COM(2008) 544 final.

     
  • 294. 
    COM(2008) 544 final.

     
  • 295. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 296. 
    COM(2008) 544 final.

     
  • 297. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 298. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 299. 
    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
  • 300. 
    COM(2008) 544 final.

     
  • 301. 
    COM(2008) 544 final.

     
  • 302. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 303. 
    COM(2008) 544 final.

     
  • 304. 
    COM(2008) 544 final.

     
  • 305. 
    COM(2008) 544 final.

     
  • 306. 
    COM(2008) 544 final.

     
  • 307. 
    COM(2008) 544 final.

     
  • 308. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 309. 
    COM(2008) 544 final.

     
  • 310. 
    COM(2008) 544 final.

     
  • 311. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 312. 
    COM(2010) 388 final.

     
  • 313. 
    COM(2008) 544 final.

     
  • 314. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 315. 
    COM(2008) 544 final.

     
  • 316. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 317. 
    COM(2008) 544 final.

     
  • 318. 
    COM(2008) 544 final.

     
  • 319. 
    COM(2008) 544 final.

     
  • 320. 
    COM(2008) 544 final.

     
  • 321. 
    COM(2008) 544 final.

     
  • 322. 
    COM(2008) 544 final.

     
  • 323. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 324. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 325. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 326. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 327. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 328. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 329. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 330. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 331. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 332. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 333. 
    COM(2010) 388 final.

     
  • 334. 
    COM(2008) 544 final.

     
  • 335. 
    COM(2008) 544 final.

     
  • 336. 
    COM(2008) 544 final.

     
  • 337. 
    COM(2008) 544 final.

     
  • 338. 
    COM(2008) 544 final.

     
  • 339. 
    COM(2008) 544 final.

     
  • 340. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 341. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 342. 
    COM(2010) 388 final.

     
  • 343. 
    OJ L 26, 31.1.1977, p. 1.

     
  • 344. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 345. 
    OJ L 26, 31.1.1977, p. 1.

     
  • 346. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 347. 
    OJ L 26, 31.1.1977, p. 1.

     
  • 348. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 349. 
    OJ L 26, 31.1.1977, p. 1.

     
  • 350. 
    COM(2008) 544 final.

     
  • 351. 
    COM(2008) 544 final.

     
  • 352. 
    COM(2008) 544 final.

     
  • 353. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 354. 
    COM(2008) 544 final.

     
  • 355. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 356. 
    COM(2008) 544 final.

     
  • 357. 
    COM(2010) 388 final.

     
  • 358. 
    COM(2008) 544 final.

     
  • 359. 
    COM(2010) 388 final.

     
  • 360. 
    COM(2008) 544 final.

     
  • 361. 
    COM(2010) 388 final.

     
  • 362. 
    COM(2008) 544 final.

     
  • 363. 
    COM(2010) 388 final.

     
  • 364. 
    COM(2008) 544 final.

     
  • 365. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 366. 
    COM(2008) 544 final.

     
  • 367. 
    " Should it prove necessary during the legislative process to go beyond straightforward codification and make substantive changes, it will be the Commission's responsibility to submit any proposal(s), where appropriate ".

     
  • 368. 
    COM(2008) 544 final.

     
  • 369. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 370. 
    OJ C
     
  • 371. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 372. 
    OJ C
     
  • 373. 
    COM(2010) 388 final.

     
  • 374. 
    COM(2008) 544 final.

     
  • 375. 
    COM(2008) 544 final.

     
  • 376. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 377. 
    COM(2008) 544 final.

     
  • 378. 
    COM(2010) 388 final.

     
  • 379. 
    ' The European Parliament, the Council and the Commission note that if it should appear necessary to go beyond straightforward codification and make substantive changes, the Commission will be able to choose, case by case, whether to recast its proposal or whether to submit a separate proposal for amendment, leaving its codification proposal on the table, and then, once the substantive change has been adopted, incorporate it into the proposal for codification '.

     
  • 380. 
    OJ C
     
  • 381. 
    COM(2008) 544 final.

     
  • 382. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 383. 
    COM(2008) 544 final.

     
  • 384. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 385. 
    OJ C 102, 4.4.1996, p. 2.

     
  • 386. 
    COM(2010) 388 final.

     
  • 387. 
    Deze databank van de Europese Unie biedt de mogelijkheid de actuele werkzaamheden (workflow) van de Europese instellingen (Europees Parlement, Raad, ESC, Comité van de Regio's, Europese Centrale Bank, Hof van Justitie enz.) te volgen. EURlex volgt alle voorstellen (zoals wetgevende en begrotingsdossiers) en mededelingen van de Commissie, vanaf het moment dat ze aan de Raad of het Europees Parlement worden voorgelegd.
     
  • 388. 
    EUR-lex provides an overview of the proposal, amendments, citations and legality.