Poland: a new law on the European Cooperative Society

A law on the European Cooperative society (ECS) is waiting for the President's approval and publication in the official journal. It contains the necessary amendments of the Council Regulation no 1435/2003 on the Statute for a ECS and implementation of Council Directive 2003/72 supplementing the Statute for a ECS with regard to the involvement of employees. (Réf. 06785)
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In this way a new legal entity is being introduced. The European Cooperative Society is similar to the cooperatives which have already existed in Poland (as far as registration procedures and transformations are concerned). The ECS law regulates the creation of ECS, structure of its organs and involvement of employees. Detailed provisions concerning the creation of an ECS, transfer of registered office, creation by merger and conversion of an existing cooperative into a ECS are included in the

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