Each Member State shall ensure that there is a legal separation between a sponsoring undertaking and an institution for occupational retirement provision in order that the assets of the institution are safeguarded in the interests of members and beneficiaries in the event of bankruptcy of the sponsoring undertaking.
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New version applies from 13/01/2019 — introduced by Directive (EU) 2016/2341.
71 provisions change.
Article 8 is deleted from 13/01/2019.
Article 8 - Legal separation between sponsoring undertakings and institutions for occupational retirement provision
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Article 8
Legal separation between sponsoring undertakings and institutions for occupational retirement provision