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Judgment of the Court (Seventh Chamber) of 1 October 2009. # Commission of the European Communities v Czech Republic. # Failure of a Member State to fulfil obligations - Directive 2007/14/EC - Detailed rules for the implementation of certain provisions of Directive 2004/109/EC - Failure to transpose within the prescribed period. # Case C-100/09.
ECLI:EU:C:2009:607
62009CJ0100
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(Case C-100/09)
Failure of a Member State to fulfil obligations – Directive 2007/14/EC – Detailed rules for the implementation of certain provisions of Directive 2004/109/EC – Failure to transpose within the prescribed period
Re:
Failure of a Member State to fulfil obligations – Failure to adopt, within the prescribed period, all the provisions necessary to comply with Commission Directive 2007/14/EC of 8 March 2007 laying down detailed rules for the implementation of certain provisions of Directive 2004/109/EC on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market (OJ 2007 L 69, p. 27).
Operative part
The Court:
1.Declares that, by failing to adopt, within the prescribed period, all the laws, regulations and administrative provisions necessary to comply with Commission Directive 2007/14/EC of 8 March 2007 laying down detailed rules for the implementation of certain provisions of Directive 2004/109/EC on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market, the Czech Republic has failed to fulfil its obligations under Article 24 of that directive;
2.Orders the Czech Republic to pay the costs.