• Legislative changes for large Dutch companies
  • July 2, 2004
  • Law Firm: Boekel De Nerée N.V. - Amsterdam Office
  • On 6 July 2004 the Upper House of the Dutch parliament accepted a proposal to amend statutory law in respect of large Dutch 'structuurregime' companies. The new Act is aimed at increasing shareholder activism by strengthening their rights. It will come into effect on 1 October 2004. Large companies will be obliged to amend their articles of association to ensure compliance.