The registrar of the court within whose jurisdiction the company resulting from the cross-border merger is to be registered shall, within a period to be determined by decree of the Conseil d’Etat, verify the legality of the completion of the cross-border merger and, where applicable, of the formation of the new company resulting from the cross-border merger.
The registrar shall, in particular, verify that the merging companies have approved the draft terms of merger in the same terms and that the arrangements for employee participation have been determined in accordance with Title VII of Book III of Part Two of the Labour Code.
In particular, it checks that the merging companies have approved the draft terms of merger in the same terms and that the arrangements for employee profit-sharing have been determined in accordance with Title VII of Book III of Part Two of the Labour Code.
At the end of its review, the Registrar is required to report to the Board of Directors.
On completion of its scrutiny, the Registrar shall notify the company resulting from the merger of the decision whereby, where it finds that the cross-border merger complies with the conditions and procedures verified pursuant to this Article, it approves the transaction or, where it finds that those conditions and procedures are not complied with, the decision whereby it disapproves it.