Article 3, Point (1), Point (a) · Directive (EU) 2026/470

Contents

(1) in Article 5, paragraph 2 is amended as follows:
(2) in Article 6, paragraph 1 is amended as follows:

(a)the first subparagraph is amended as follows:

(i)in point (a), the introductory wording is replaced by the following:‘for financial years starting between 1 January 2024 and 31 December 2026:’;

(ii)point (b) is amended as follows:

(1)point (i) is replaced by the following:

(i)to undertakings which, on their balance sheet dates, exceed a net turnover of EUR 450000000 and an average number of 1000 employees during the financial year;’

;

(2)point (ii) is replaced by the following:

(ii)to parent undertakings of a group which, on its balance sheet dates, exceeds, on a consolidated basis, a net turnover of EUR 450000000 and an average number of 1000 employees during the financial year;’

;

(iii)point (c) is deleted;