Directive 2012/34/EU of the European Parliament and of the… Article 18

Conditions for obtaining a licence

Article 18

An undertaking applying for a licence shall be required to be able to demonstrate to the licensing authorities of the Member State concerned before the start of its activities that it will at any time be able to meet the requirements relating to good repute, financial fitness, professional competence and cover for its civil liability as listed in Articles 19 to 22. For those purposes, each undertaking applying for a licence shall provide all relevant information.

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Other provisions in SECTION 2 — Conditions for obtaining a licence

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 18 of Directive 2012/34/EU of the European Parliament and of the… (LawPlayer, data as of 2026-07-04)

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