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Companies (Appointment of Takeovers and Mergers Panel) (Jersey) Order 200- ("the Order").

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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  • 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 (17/06/2009) regarding: Companies (Appointment of Takeovers and Mergers Panel) (Jersey) Order 200- ("the Order").

Decision Reference:  MD-E-2009-0098

Decision Summary Title :

Companies (Appointment of Takeovers and Mergers Panel) (Jersey) Order 200-

Date of Decision Summary:

15 June 2009

Decision Summary Author:

Finance Industry Development Executive

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 :

Companies (Appointment of Takeovers and Mergers Panel) (Jersey) Order 200-

Date of Written Report:

15 June 2009

Written Report Author:

Finance Industry Development Executive

Written Report :

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Subject:    

Companies (Appointment of Takeovers and Mergers Panel) (Jersey) Order 200- (“the Order”).

Decision(s):  

The Minister made the Companies (Appointment of Takeovers and Mergers Panel) (Jersey) Order 200- (“the Order”)

Reason(s) for Decision: 

Takeovers and mergers in Jersey have for some time been regulated by the Panel for Takeover and Mergers (“the Panel”), a body based in the UK, on an informal basis.  The Companies (Takeovers and Mergers Panel) (Jersey) Law 2009 (“the Law”) establishes a statutory framework for the regulation of takeovers and mergers and empowers the Minister to appoint a body to oversee takeovers and mergers in Jersey.  The draft Order appoints the Panel as this body. 

Resource Implications: 

There are no measurable financial or manpower costs for the States.

Action required: 

The Minister to sign, date and seal the draft Order and for it to be returned to the States Greffe.

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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