Approval Of The Amended Statute Rai-Radiotelevisioneitaliana S.p.a.

Original Language Title: Approvazione delle modifiche allo statuto RAI - Radiotelevisioneitaliana S.p.A.

Read the untranslated law here: http://www.gazzettaufficiale.it/atto/serie_generale/caricaArticoloDefault/originario?atto.dataPubblicazioneGazzetta=2015-05-05&atto.codiceRedazionale=15A03331&elenco30giorni=false&atto.tipoProvvedimento=DECRETO

The MINISTER of ECONOMIC DEVELOPMENT Saw the art. 5 of Legislative Decree of April 3, 1947, provisional head of State # 428, containing rules on supervision and control over circular broadcasts; Having regard to law no April 14, 1975. 103 laying down new rules on radio and television broadcasting; Having regard to the December 6, 1984, Decree No. 807, converted, with amendments, by law February 4, 1985, n. 10, containing "urgent provisions relating to broadcasting"; Having regard to the Decree-Law October 23, 1996, n. December 23, 1996, 454, converted by law No. 650 bearing urgent provisions for the exercise of broadcasting and telecommunications activities; Having regard to law No 112 May 3, 2004, laying down rules of principle regarding regional broadcasting system and RAI-Radiotelevisione italiana S.p.A. as well as delegates to the Government for the adoption of the consolidated radio and television "; Having regard to the Legislative Decree July 31, 2005, n. 177, regarding the "Testo Unico della radiotelevisione"; Having regard to the Statute of RAI-Radiotelevisione italiana S.p.A. approved by Decree of the Minister of communications of October 8, 2004 as amended; Having regard to the letter of February 27, 2015 (Prot. P/9242), by which the President of RAI-Radiotelevisione S.p.A. has applied for approval of the new text of art. 30, and the fifth paragraph of art. 31 of the articles of Association, as approved by the shareholders ' meeting of February 19, 2015 (verbal in notarial Notary Luca Tucci-# 3193 directory, collecting # 1538); Given the favourable opinion on amendments to the Statute RAI expressed, pursuant to art. 5 of Legislative Decree of the provisional head of State of April 3, 1947, # 428, by the Parliamentary Committee for the general direction and supervision of broadcasting services on March 25, 2015; Given that the new formulation of art. 30 and fifth paragraph of art. 31 of the said staff regulations and complies with current regulations;
Decrees: Art. 1 1. Are approved. 30, and the fifth paragraph of art. 31 of the Statute of RAI-Radiotelevisione italiana S.p.A. in text decided by the shareholders ' meeting, in the meeting of February 19, 2015, stated below: a) Art. 30-responsible officer for the preparation of financial reports 30.1-the Board of Directors shall appoint, subject to the mandatory opinion of the Board of Auditors for a period of not less than the term of Office of the Board itself and not more than six years, the manager responsible for preparing the company's financial statements pursuant to art. 154-bis of the consolidated law on finance (Legislative Decree No. 58 of 1998 as amended). 30.2-the manager responsible for preparing the company's accounting documents must satisfy the requirements of honourability provided for administrators. 30.3-the manager responsible for preparing the company's financial reports must be chosen according to criteria of professionalism and competence among executives who have completed a total of at least three years experience in the administrative area in enterprises or consulting company or professional offices. 30.4-the manager responsible for preparing the company's financial statements may be dismissed by the Management Board, after hearing the opinion of the Board of Auditors, only for cause. 30.5-the Manager in charge of preparing the company's financial reports lapses by the Office in the absence of the necessary requirements for appointment. The forfeiture is declared by the Board of directors within thirty days from knowledge of the defect occurred. 30.6-the manager responsible for preparing the company's accounting documents shall arrange adequate administrative and accounting procedures for the preparation of financial statements and, where applicable, the consolidated financial statements. 30.7-the Board of Directors shall ensure that the manager responsible for preparing the company's financial statements must have adequate powers and resources to exercise the tasks attributed to him, as well as on the effective enforcement of the administrative and accounting procedures. 30.8-the General Manager and the manager responsible for preparing the company's accounting documents attest with a specific report, attached to the financial statements and, where applicable, the consolidated financial statements, the adequacy and effective application of the procedure mentioned in art. 30.6 during the period covered by the documents, as well as the correspondence of these to the underlying books and records and their suitability to provide a true and fair view of the financial position, economic and financial partnership and, where applicable, the consolidated financial statements of the undertakings included in the consolidation. b) Art. 31-Auditors and audit 31.5-where, until the 90th day following the closing date of the first public offering, made in accordance with art. 21, paragraph 3 of the law May 3, 2004, number 112, it is necessary to proceed to the appointment of the Board of Auditors for natural expiration of term of Office or for some other cause, the new Board of statutory auditors will be appointed pursuant to art. 31.1, without prejudice to the provisions of art. 2401 of the Italian civil code for the replacement of mayors. This Decree will be forwarded to the competent control authorities and published in the official journal of the Italian Republic.
Rome, 1 St April 2015 the Minister: drive