5 Amendments of Sharon BOWLES related to 2009/0035(COD)
Amendment 4 #
Draft opinion
Paragraph 1
Paragraph 1
The Committee on Economic and Monetary Affairs calls on the Committee on Legal Affairs, as the committee responsible, to propose rejection of the Commission proposal and to ask for a general revision of the 4th and 7th Company Law Directives in 2010, accompanied by an all-inclusive impact assessment. That impact assessment may include consideration of whether only micro-entities whose turnover from cross- border activities within the European Union does not exceed 10 % of their total turnover should be included within the simplification of financial reporting requirements.
Amendment 5 #
Draft opinion
Paragraph 1
Paragraph 1
The Committee on Economic and Monetary Affairs calls on the Committee on Legal Affairs, as the committee responsible, to propose rejection ofaccept the Commission proposal and to ask for a general revision of the 4th and 7th Company Law Directives in 2010, accompanied by an all-inclusive impact assesswith the following amendment.s:
Amendment 10 #
Proposal for a directive – amending act
Article 1
Article 1
Directive 78/660/EEC
Article 1a – paragraph 1 – introductory part
Article 1a – paragraph 1 – introductory part
1. Member States may provide for an exemption from the obligations under this Directive for companies which on their balance sheet dates do not exceed the limits of two of the three following criteria and whose turnover from cross-border activities within the European Union does not exceed 10 % of their total turnover:
Amendment 15 #
Proposal for a directive – amending act
Article 1
Article 1
Directive 78/660/EEC
Article 1a – paragraph 2 – subparagraph 1
Article 1a – paragraph 2 – subparagraph 1
2. Where on its balance sheet date, in two consecutive financial years, a company exceeds the limits of two of the three criteria set out in paragraph 1 in two consecutive financial yearson its balance sheet and that company has a turnover from cross-border activities in the European Union exceeding 10 % of its total turnover, that company may no longer benefit from the exemption referred to in that paragraph.
Amendment 20 #
Proposal for a directive – amending act
Article 1
Article 1
Directive 78/660/EEC
Article 1a – paragraph 2 – subparagraph 2
Article 1a – paragraph 2 – subparagraph 2
Where on its balance sheet date, in two consecutive financial years, a company has ceased tonot exceeded the limits of two of the three criteria set out in paragraph 1, it may benefit from the exemption referred to in that paragraph, provided that it has not exceeded those limits in two consecutive financial years on its balance sheet date and that company's turnover from cross- border activities in the European Union has not exceeded 10 % of its total turnover, it may benefit from the exemption referred to in that paragraph.