art_2__para_2

2. ‘Single undertaking’ means, for the purposes of this Regulation, all enterprises having at least one of the following relationships with each other: one enterprise has a majority of the shareholders’ or members’ voting rights in another enterprise; one enterprise has the right to appoint or remove a majority of the members of the administrative, management or supervisory body of another enterprise; one enterprise has the right to exercise a dominant influence over another enterprise pursuant to a contract entered into with that enterprise or pursuant to a provision in its memorandum or articles of association; one enterprise, which is a shareholder in or member of another enterprise, controls alone, pursuant to an agreement with other shareholders in or members of that enterprise, a majority of shareholders’ or members’ voting rights in that enterprise. Enterprises having any of the relationships referred to in points (a) to (d) through one or more other enterprises shall also be considered to be a single undertaking.

← (h) · All articles · (a) →

Source: EUR-Lex (Cellar) · retrieved 2026-11-06 · Text as adopted (Official Journal); later amendments are not incorporated in this text.