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New version applies from 20/04/2009 — introduced by Regulation (EC) No 219/2009. 48 provisions change. Later versions: 02/07/2014, 12/08/2022, 09/01/2024. Recital 20 changes in this version: compare with the current text.

Recital 20

Recital 20

(20)All special rights held by Member States in companies should be viewed in the framework of the free movement of capital and the relevant provisions of the Treaty. Special rights held by Member States in companies which are provided for in private or public national law should be exempted from the ‘breakthrough’ rule if they are compatible with the Treaty.

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