(14)For the purpose of determining the level of employee participation operated in the relevant merging companies, account should also be taken of the proportion of employee representatives amongst the members of the management group, which covers the profit units of the companies, subject to employee participation.
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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD).
20 provisions change.
Later versions: 20/07/2017.
Recital 14 changes in this version: compare with the current text.