Cross-Border Divisions Of Limited (S.L. 386.26)

Содержание

1. ст. 1 Title.
2. ст. 2 Scope.
3. ст. 3 Interpretation. 
4. ст. 4 Applicability.
5. ст. 5 Procedures and formalities.
6. ст. 6 Duty to draw up the draft terms of the cross-border division.
7. ст. 7 BoardofDirectors’ report. 
8. ст. 8 Declaration of solvency.
9. ст. 9 Independent expert’s report.
10. ст. 10 Registration and publicationofdraft terms of cross- border division. 
11. ст. 11 Approval by general meeting. 
12. ст. 12 Shareholder protection.
13. ст. 13 Protection of holders of securities.
14. ст. 14 Registration of extraordinary resolution. 
15. ст. 15 Contestation of registration. 
16. ст. 16      Cap. 12.
17. ст. 17 Request for issue of pre-division  certificate. 
18. ст. 18 Review by Registrar and issue of pre-division certificate. 
19. ст. 19 Effect of pre- division certificate.
20. ст. 20 Completion of cross-border division and issuance of certificate of completion of cross-border division by Registrar.
21. ст. 21 Review of legality of cross-border division when Malta is the jurisdiction of a recipient company. 
22. ст. 22 Approval of cross- borderdivisionand the issue of certificate of registration of recipient company.
23. ст. 23 Consequences of cross-border division.
24. ст. 24 Special formalities to be adhered to.
25. ст. 25 Prohibition of share exchange.
26. ст. 26 Powers of national authorities. 
27. ст. 27 Simplified formalities.
28. ст. 28 Liability of director or expert for wilful or negligent misconduct.
29. ст. 29 Applicable legislation regulating credit intermediaries and other financial undertakings. 