Malta
COUNTRY OVERVIEW
Employee board-level representation in Malta is found only in a few state-owned or recently privatised companies. Both unions and employers were consulted on legislation implementing the directive but do not seem to have given the issue a high priority and there was no public debate.
For further information on the SE legislation, such as the choice of SNB members, click on the more button.
more ...Transposition of the SE legislation in Malta (Final report: November 2004)
The Maltese law on employee involvement in the European Company (SE) was adopted in October 2004. The Malta Financial Services Authority (MFS), which manages Malta’s Registry of Companies, has still not issued the regulations governing the Act that transposed the SE Directive. According to the views expressed by officials of this Authority, the prospects of Maltese companies setting up an SE in Malta are very slim. Moreover they maintain that the law is too complicated. According to the lawyer working in the registry of companies of this Authority, to date there have only been a couple of queries about SE from lawyers.
more ...Transposition of the SE legislation in Malta (Report: July 2004)
The SE Directive has so far not been transposed into Maltese law. It is being debated at the Employment Relations Board, which is a tripartite consultative body comprising four employees’ representatives and four employers’ representatives, together with four members appointed by the government. This board has to be consulted by the minister before publication of the legal notices embodying the detailed regulations implementing the Employment and Industrial Relations Act (EIRA, 2002).
more ...