controlled undertaking

Defined in Article 2, Transparency Directive

Uses as of 04/01/2011

Definitions over time (1)

1. 20/03/2008 – today applies on 04/01/2011 Article 2, Transparency Directive Scope: Whole act

   For the purposes of this Directive the following definitions shall apply:

   ‘controlled undertaking’ means any undertaking in which a natural person or legal entity has a majority of the voting rights; or of which a natural person or legal entity has the right to appoint or remove a majority of the members of the administrative, management or supervisory body and is at the same time a shareholder in, or member of, the undertaking in question; or of which a natural person or legal entity is a shareholder or member and alone controls a majority of the shareholders' or members' voting rights, respectively, pursuant to an agreement entered into with other shareholders or members of the undertaking in question; or over which a natural person or legal entity has the power to exercise, or actually exercises, dominant influence or control;

Used in (10 places in 3 provisions on 04/01/2011)

Transparency Directive (10 in 3)

Article 2² · Article 6² · Article 12⁶