The sole fact of having acquired a significant proportion of a company's capital does not constitute participation, within the meaning of ‘close links’, if that holding has been acquired solely as a temporary investment which does not make it possible to exercise influence over the structure or financial policy of the undertaking.
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New version applies from 01/01/2007 — introduced by Council Directive 2006/101/EC.
67 provisions change.
Later versions: 21/09/2007, 20/03/2008, 01/07/2013, 01/01/2016.
Recital 11 changes in this version: compare with the current text.