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Draft Companies (Amendment No. 5) (Jersey) Regulations 201-

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.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

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  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

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A decision made 23 December 2010 regarding: Draft Companies (Amendment No. 5) (Jersey) Regulations 201-

Decision Reference:  MD-E-2010-0210 

 

Decision Summary Title :

Draft Companies (Amendment No. 5) (Jersey) Regulations 201-

 

Date of Decision Summary:

23 December 2010

Decision Summary Author:

 

Director, Finance Industry Development

 

Decision Summary:

Public or Exempt?

 

Public

Type of Report:

Oral or Written?

 

Written

Person Giving

Oral Report:

n/a

Written Report

Title :

Draft Companies (Amendment No. 5) (Jersey) Regulations 201-

 

Date of Written Report:

23 December 2010

Written Report Author:

Director, Finance Industry Development

 

Written Report :

Public or Exempt?

 

Public

Subject:  

 

Draft Companies (Amendment No. 5) (Jersey) Regulations 201- (“the draft Regulations”)

 

Decision(s):

 

The Minister approved the draft Regulations and directed that these be lodged au Greffe for debate by the States at the earliest opportunity.

 

 

Reason(s) for Decision:

 

The draft Regulations will amend the Companies (Jersey) Law 1991 to provide for certain companies incorporated in Jersey to merge, in any combination, with other such companies, other bodies incorporated in Jersey, or bodies incorporated outside Jersey (subject to certain restrictions).  

 

 

Resource Implications:

 

There are no financial or manpower implications for the States.

 

Action required:

 

The draft Regulations to be lodged au Greffe for debate by the States at the earliest opportunity.

 

Signature:  Senator A.J.H.Maclean

 

 

Position: Minister for Economic Development

 

 

 

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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