The Member States 25 March 1957, Consolidated version of the Treaty on the Functioning of the European Union#PART THREE - UNION POLICIES AND INTERNAL ACTIONS#TITLE IV - FREE MOVEMENT OF PERSONS, SERVICES AND CAPITAL#Chapter 2 - Right of establishment#Article 50(ex Article 44 TEC)

Article 50 (ex Article 44 TEC) 1. In order to attain freedom of establishment as regards a particular activity, the European Parliament and the Council, acting in accordance with the ordinary legislative procedure and after consulting the Economic and Social Committee, shall act by means of directives. 2.