Legal provisions of COM(2008)195 - Amendment of Council Directives 78/660/EEC and 83/349/EEC as regards certain disclosure requirements for medium-sized companies and obligation to draw up consolidated accounts - Main contents
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This page contains a limited version of this dossier in the EU Monitor.
| dossier | COM(2008)195 - Amendment of Council Directives 78/660/EEC and 83/349/EEC as regards certain disclosure requirements for medium-sized ... |
|---|---|
| document | COM(2008)195  |
| date | June 18, 2009 |
Contents
Article 1 - Amendment to Directive 78/660/EEC
‘The Member States may permit the companies referred to in Article 27 to omit disclosure of the information specified in Articles 34(2) and 43(1)(8).’
Article 2 - Amendment to Directive 83/349/EEC
‘2a. Without prejudice to Article 4(2) and Articles 5 and 6, any parent undertaking governed by the national law of a Member State which only has subsidiary undertakings which are not material for the purposes of Article 16(3), both individually and as a whole, shall be exempted from the obligation imposed in Article 1(1).’
Article 3 - Transposition
When they are adopted by Member States, those measures shall contain a reference to this Directive or shall be accompanied by such a reference on the occasion of their official publication. The methods of making such reference shall be laid down by Member States.
2. Member States shall communicate to the Commission the text of the main provisions of national law which they adopt in the field covered by this Directive.