SI No 306 of 2011 The European Communities (Mergers and Divisions of Companies) (Amendment) Regulations 2011

These Regulations give effect to Directive 2009/109/EC of the European Parliament and of the Council of 16th September 2009 amending Council Directives 77/91/EEC, 78/855/EEC and 82/891/EEC, and Directive 2005/56/EC as regards reporting and documentation requirements in the case of mergers and divisions.

The Directive was adopted in the context of the EU drive to reduce administrative burdens, in this instance, on companies undertaking mergers or divisions.

The Regulations allow for:

a relaxation of the reporting requirements imposed on companies undertaking mergers or divisions, particularly where the participants in such mergers or divisions are parent companies and their subsidiaries and the shareholders resolve to dispense with certain reports.
the avoidance of duplication where similar or equivalent reports are required by different EU instruments
the facilitation of the use of the internet and other electronic means for the publication and dissemination of documents involved in mergers/divisions.

SI No 306 of 2011 European Communities (Mergers and Divisions of Companies) (Amendment) Regulations 2011