{"id":8131,"date":"2020-02-17T12:12:02","date_gmt":"2020-02-17T11:12:02","guid":{"rendered":"https:\/\/www.everestnotariaat.com\/clarity-regarding-management-and-supervision\/"},"modified":"2026-03-10T13:55:51","modified_gmt":"2026-03-10T13:55:51","slug":"clarity-regarding-management-and-supervision","status":"publish","type":"post","link":"https:\/\/everestnotariaat.com\/en\/clarity-regarding-management-and-supervision\/","title":{"rendered":"Clarity regarding management and supervision"},"content":{"rendered":"<div class=\"et_pb_section_0 et_pb_section et_section_regular et_block_section\"><div class=\"et_pb_row_0 et_pb_row et_block_row\"><div class=\"et_pb_column_0 et_pb_column et_pb_column_4_4 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_0 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p><em>The bill on the governance and supervision of legal persons must provide clarity about the duties and responsibilities of directors and supervisory directors of an association, foundation, cooperative or mutual insurance society.<\/em><\/p>\n<\/div><\/div><\/div><\/div><div class=\"et_pb_row_1 et_pb_row et_block_row\"><div class=\"et_pb_column_1 et_pb_column et_pb_column_1_2 et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_image_0 et_pb_image et_pb_module et_block_module\"><span class=\"et_pb_image_wrap\"><img decoding=\"async\" src=\"https:\/\/www.everestnotariaat.com\/wp-content\/uploads\/2019\/04\/foto-blog-bestuur-en-toezicht-2.jpg\" \/><\/span><\/div><div class=\"et_pb_text_1 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p>The bill was adopted by the Lower House on January 28, 2020. It is yet unknown when the bill will come into effect.<\/p>\n<p>In first instance, far-reaching standardization of the rules for management and supervision was introduced for all legal entities. This could be achieved by placing the rules for management and supervision in the general part op Book 2 of the Dutch Civil Code. Gradually it was decided to place the rules per legal entity in the different titles of Book 2, so that every legal entity retains its flexibility.<\/p>\n<\/div><\/div><\/div><div class=\"et_pb_column_2 et_pb_column et_pb_column_1_2 et-last-child et_block_column et_pb_css_mix_blend_mode_passthrough\"><div class=\"et_pb_text_2 et_pb_text et_pb_bg_layout_light et_pb_module et_block_module\"><div class=\"et_pb_text_inner\"><p><strong>Amendments<\/strong><br \/>\nIt is remarkable that in addition to the bill, two amendments have also been adopted:<\/p>\n<p><strong>I) Multiple voting right<\/strong><br \/>\nThe first amendment concerns multiple voting right. This regulation means that one director or a supervisory director may not have more votes than the other directors of supervisory directors together. It was included in the bill that this provision would not apply to the association, foundation, cooperative and mutual insurance society. By adopting the amendment, the rules on multiple voting right will nevertheless apply to all of the above-mentioned legal forms. If the articles of association already grant a dominant vote to a director or supervisory director, these provision are valid for five years at the latest after the entry into force of the new law. The civil-law notary must be cautious to this regulation in event of an amendment to the articles of association.<\/p>\n<p><strong>II) Prevent and absence arrangements<\/strong><br \/>\nFurthermore, an amendment on the prevent and absence arrangements has been adopted. Pursuant to this amendment, the articles of association of associations, foundations, cooperatives an mutual guarantee societies must state arrangements regarding the way in which supervision is provided for in the event of absence of all members of the management board or supervisory board.<\/p>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>The bill on the governance and supervision of legal persons must provide clarity about the duties and responsibilities of directors and supervisory directors. <\/p>\n","protected":false},"author":5,"featured_media":10372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"slim_seo":{"title":"Clarity regarding management and supervision - Everest Notariaat","description":"The bill on the governance and supervision of legal persons must provide clarity about the duties and responsibilities of directors and supervisory directors."},"footnotes":""},"categories":[],"tags":[],"class_list":["post-8131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/8131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/comments?post=8131"}],"version-history":[{"count":0,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/posts\/8131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/media\/10372"}],"wp:attachment":[{"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/media?parent=8131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/categories?post=8131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/everestnotariaat.com\/en\/wp-json\/wp\/v2\/tags?post=8131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}