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New version applies from 01/07/2013 — introduced by Council Directive 2013/24/EU. 49 provisions change. Later versions: 02/07/2014, 20/07/2017. Recital 7 changes in this version: compare with the current text.

Recital 7

Recital 7

(7)In order to prevent a public limited liability company from using another company in which it holds a majority of the voting rights or on which it can exercise a dominant influence to make such acquisitions without complying with the restrictions imposed in that respect, the arrangements governing a company's acquisition of its own shares should be extended to cover the most important and most frequent cases of the acquisition of shares by such other companies. Those arrangements should be extended to cover subscription for shares in the public limited liability company.

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