All provisions · Beneficial Ownership Regulations 2020 · Determination of beneficial owners
r.7 Derechos para nombrar o destituir a miembros del Consejo de una persona jurídica
Para evitar dudas, la referencia al derecho de nombrar o destituir a la mayoría del consejo de administración de una persona jurídica en el presente reglamento se refiere al derecho de nombrar o destituir a los administradores que ostenten la mayoría de los derechos de voto en las reuniones del consejo sobre todos o sustancialmente todos los asuntos.
Translation for information only. Only the English original is legally binding.
Original wording (English, legally binding): Rights to appoint or remove members of the Board of a legal person
For avoidance of doubt, the reference of right to appoint or remove majority of the board of directors of a legal person in these regulations refers to the right to appoint or remove directors holding majority of the voting rights at the meetings of the board on all or substantially all matters.
Official source: Beneficial Ownership Regulations, 2020 (S.I. 107 of 2020), Consolidated by us with S.I. 32 of 2023 and S.I. 64 of 2025; S.I. 7 of 2025 made but not yet in force
