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Council Regulation (EC) No 1435/2003 Article 50

Article 50

Conduct of the business of organs 1. Unless otherwise provided by this Regulation or the statutes, the internal rules relating to quorums and decision-taking in SCE organs shall be as follows: (a) quorum: at least half of the members with voting rights must be present or represented; (b) decision-taking: a majority of the members with voting rights present or represented. Members who are absent may take part in decisions by authorising another member of the organ or the alternate members who were appointed at the same time to represent them. 2. Where there is no relevant provision in the statutes, the chairman of each organ shall have a casting vote in the event of a tie. There shall be no provision to the contrary in the statutes, however, where half of the supervisory organ consists of employees' representatives. 3. Where employee participation is provided for in accordance with Directive 2003/72/EC, a Member State may provide that the supervisory organ's quorum and decision-making shall, by way of derogation from the provisions referred to in paragraphs 1 and 2, be subject to the rules applicable, under the same conditions, to cooperatives governed by the law of the Member State concerned.

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Other provisions in CHAPTER III — STRUCTURE OF THE SCE

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 50 of Council Regulation (EC) No 1435/2003 (LawPlayer, data as of 2026-07-04)

© European Union, https://eur-lex.europa.eu, 1998-2026. Reuse authorised under Commission Decision 2011/833/EU, provided the source is acknowledged.

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