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Regulation 74 Requirement to begin negotiations with employees
(1) As soon as possible after the publication of the draft terms of a cross-border operation, the management or administrative organ of each company shall take the necessary steps to start negotiations with the representatives of the employees of that company on arrangements for the involvement of those employees in the resulting company or companies.
(2) The steps to start negotiations shall include the provision of information about the identity of the participating company or companies, the number of employees in each (identified according to the EEA state in which they are located), and the number of such employees covered by an employee participation system.
(3) The information referred to in paragraph (2) shall be supplied to the employees' representative for that participating company or, where there is no such representative, to the employees themselves.