S.L. 386.8 Art. 20Return as to changes among managers of an EEIG.

(1) There shall be delivered to the Registrar for registration a return of any change among the managers of a grouping, specifying the date of the change, together with the name and residence and, in the case of a body corporate, its principal or registered office, within fourteen days from the happening thereof. In the case of the appointment of a manager, the return shall also indicate whether the person is authorised to act alone or jointly with any other manager.

(2) If default is made in complying with the provisions of subregulation (1), every officer of the grouping who is in default shall be liable to a penalty and, for every day during which the default continues, to a further penalty as established in the Schedule.