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a grand-ducal decree of 29 july 1977 requires an exempt 1929 holding company to have a fully paid-up share capital of at least eur 24000.
enligt ett dekret från storhertigdömet av den 29 juli 1977 skall ett holdingbolag undantaget från skatteplikt ha ett grundaktiekapital på minst 24000 euro.
3.2.1 there are particular provisions for banks without share capital, such as cooperatives: members' certificates, defined as "the most subordinated instruments", should be treated like convertible hybrids insofar as the respective capital has been fully paid up.
kooperativ: medlemscertifikaten, "de lägst prioriterade instrumenten", betraktas som konvertibla hybrider om de betalats till fullo.