The European Cooperative Society (Involvement of Employees) Regulations 2006

The European Cooperatives (Involvement of Employees) Regulations 2006 implement Council Directive 2003/72/EC and guarantee clearly specified levels of participation and involvement for employees in a new form of cooperative, known as the European Cooperative Society (the “SCE”).  SCEs can operate across the European Economic Area on the basis of registration in one Member State, thereby potentially broadening access to European markets for cooperatives which adopt this new form.