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Proposed amendments to Merger Thresholds - Competition (Mergers and Acquisitions) (Jersey) Order 200-

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

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A decision made 23 December 2009 regarding: Proposed amendments to Merger Thresholds - Competition (Mergers and Acquisitions) (Jersey) Order 200-.

Decision Reference:   MD-E-2009-0210 

Decision Summary Title :

Proposed Amendments to Merger Thresholds – Competition (Mergers and Acquisitions) (Jersey) Order 2005

Date of Decision Summary:

23.11.2009

Decision Summary Author:

Legal & Intelligence Manager

Decision Summary:

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

n/a

Written Report

Title :

Report Proposed Amendments to Merger Thresholds.doc

Date of Written Report:

30.10.2009

Written Report Author:

Legal & Intelligence Manager

Written Report :

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Subject: Proposed Amendments to Merger Thresholds – Competition (Mergers and Acquisitions) (Jersey) Order 200-

Decision(s): The Minister agreed that Paragraph 1(4) of the Competition (Mergers and Acquisitions) (Jersey) Order 2005 should be amended in the manner set out in the accompanying report and requested that the necessary law drafting work be undertaken.

Reason(s) for Decision: These proposed amendments will reduce the number of mergers and acquisitions that require notification to, and approval by, the JCRA under Article 20(1) of the Competition (Jersey) Law 2005 (the ‘Law’), therefore reducing regulatory compliance burdens in Jersey. 

Resource Implications: There are no financial or manpower implications.

Action required: MD and Law drafting brief to be submitted to the Law Draftsman.

Signature:  Senator A.J.H.Maclean  
 

Position:  Minister  

Date Signed: 

Date of Decision (If different from Date Signed):

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