Austria’s legislation implementing the SE Statute and the SE Directive is expected to be in place before August 2004 and to enter into force on 8 October 2004. The legislation consists mainly of a new law on implementation of the SE Statute (Gesetz zur Ausführung der Verordnung (EG) Nr. 2157/2001 des Rates vom 8. Oktober 2001 über das Statut der Europäischen Gesellschaft, SE-Gesetz – SEG) and an amendment (new chapter) of the existing Labour Relations Act (Arbeitsverfassungsgesetz) regarding transposition of the SE Directive.
The drafts of the new legislation were send out for formal appraisal by the end of January 2004 and will be presented to parliament probably in May 2004. For the principal contents of the drafts see the following presentations: Implementation of SE statute Transposition of SE Directive