Skip to content View accessibility statement

Banking Business (Depositors Compensation) (Jersey) Regulations 2009

View PDF (302 KB)
  • 01 Jan 2019
  • 23 Jul 2019
  • 28 Jan 2020
  • 18 Jun 2025
  • 13 Mar 2026
  • 01 Apr 2026 (Repealed)
Select version
or find version as at



Day and month fields must contain at least 1 number, the year field must contain 4 numbers.
This law was repealed and is no longer in force.

Showing the law from 01 Apr 2026 to 30 Jun 2026

Jersey coat of arms

Banking Business (Depositors Compensation) (Jersey) Regulations 2009[1]

Official Consolidated Version

This is an official version of consolidated legislation compiled and issued under the authority of the Legislation (Jersey) Law 2021.

 

Showing the law from 1 April 2026 to 30 June 2026

 

 

Embedded Image

Banking Business (Depositors Compensation) (Jersey) Regulations 2009

Regulation

interpretation   5

1                              5

2                              5

3                              5

4                              5

5                              5

6                              5

7                              5

The Jersey Bank Depositors Compensation Board   5

8                              5

8AA                   5

8A                        5

9                              5

10                         5

11                         5

12                         5

13                         6

14                         6

The BANK DEPOSITORS COMPENSATION scheme  6

Obligations of the Board

15                         6

16                         6

17                         6

18                         6

19                         6

20                         6

21                         6

21A                    6

Amount of compensation

22                         6

23                         6

24                         6

Levies on banks

25                         7

25A                    7

25B                     7

25C                     7

26                         7

27                         7

28                         7

29                         7

30                         7

31                         7

32                         7

Subrogation

33                         7

34                         7

Appeals

35                         7

Information

35A                    7

35B                     8

final PROVISIONS  8

35C                     8

36                         8

Table of Legislation History. 9

Table of Renumbered Provisions. 9

Table of Endnote References. 9

 

 

Embedded Image

Banking Business (Depositors Compensation) (Jersey) Regulations 2009

THE STATES, in pursuance of Article 37 of the Banking Business (Jersey) Law 1991, have made the following Regulations –

Commencement [see endnotes]

part 1

interpretation

1        [2]

2        [3]

3        [4]

4        [5]

5        [6]

6        [7]

7        [8]

part 2

The Jersey Bank Depositors Compensation Board

8        [9]

8AA   [10]

8A     [11]

9        [12]

10      [13]

11      [14]

12      [15]

13      [16]

14      [17]

part 3

The BANK DEPOSITORS COMPENSATION scheme

Obligations of the Board

15      [18]

16      [19]

17      [20]

18      [21]

19      [22]

20      [23]

21      [24]

21A   [25]

Amount of compensation

22      [26]

23      [27]

24      [28]

Levies on banks[29]

25      [30]

25A   [31]

25B   [32]

25C    [33]

26      [34]

27      [35]

28      [36]

29      [37]

30      [38]

31      [39]

32      [40]

Subrogation

33      [41]

34      [42]

Appeals

35      [43]

Information[44]

35A   [45]

35B   [46]

part 4

final PROVISIONS[47]

35C    [48]

36      [49]

 

Endnotes

Table of Legislation History

Legislation

Year and No

Commencement

◦Projet No
(where applicable)

Banking Business (Depositors Compensation) (Jersey) Regulations 2009

R&O.114/2009

6 November 2009

P.86/2009

Banking Business (Depositors Compensation) (Amendment and Miscellaneous Provision) (Jersey) Regulations 2012

R&O.109/2012

2 October 2012

P.78/2012

States of Jersey (Appointment Procedures) (Jersey) Law 2018

L.13/2018

11 May 218

P.97/2017 (re-issue)

Public Finances (Jersey) Law 2019

L.10/2019

23 July 2019 (R&O.67/2019)

P.28/2019

Banking Business (Depositors Compensation) (Amendment No. 2) (Jersey) Regulations 2020

R&O.4/2020

28 January 2020

P.81/2019

Bank (Recovery and Resolution) (Jersey) Amendment Law 2025

L.25/2025

13 March 2026 – Article 54(1) and (3) (R&O.25/2026)

 

1 April 2026 – Article 54(2) and (4)

(R&O.25/2026)

 

1 July 2026 – Article 54(5)

(R&O.25/2026)

P.42/2025

◦Projets available at statesassembly.gov.je

Table of Renumbered Provisions

Original

Current

37

Spent, omitted

Table of Endnote References


[1]                                     Regulations spent and no longer operative on 1 July 2026 (see L.25/2025 (R&O.25/2026))

[2] Regulation 1                amended by R&O.109/2012, L.10/2019, R&O.4/2020, revised on 18 June 2025 by Law Revision Board item 2025/4, deleted by L.25/2025

[3] Regulation 2                deleted by L.25/2025

[4] Regulation 3                deleted by L.25/2025

[5] Regulation 4                deleted by L.25/2025

[6] Regulation 5                deleted by L.25/2025

[7] Regulation 6                deleted by L.25/2025

[8] Regulation 7                deleted by L.25/2025

[9] Regulation 8                deleted by L.25/2025

[10] Regulation 8AA          inserted by L.25/2025, deleted by L.25/2025

[11] Regulation 8A             inserted by R&O.109/2012, substituted by L.25/2025, deleted by L.25/2025

[12] Regulation 9               deleted by L.25/2025

[13] Regulation 10             deleted by L.25/2025

[14] Regulation 11             deleted by L.25/2025

[15] Regulation 12             deleted by L.25/2025

[16] Regulation 13             deleted by L.25/2025

[17] Regulation 14             deleted by L.25/2025

[18] Regulation 15             deleted by L.25/2025

[19] Regulation 16             heading amended by R&O.109/2012, deleted by L.25/2025

[20] Regulation 17             heading amended by R&O.109/2012, deleted by L.25/2025

[21] Regulation 18             deleted by L.25/2025

[22] Regulation 19             deleted by L.25/2025

[23] Regulation 20             deleted by L.25/2025

[24] Regulation 21             deleted by L.25/2025

[25] Regulation 21A           inserted by R&O.4/2020, deleted by L.25/2025

[26] Regulation 22             deleted by L.25/2025

[27] Regulation 23             deleted by L.25/2025

[28] Regulation 24             deleted by L.25/2025

[29] Cross heading            substituted by R&O.109/2012

[30] Regulation 25             substituted by R&O.109/2012, deleted by L.25/2025

[31] Regulation 25A           inserted by R&O.109/2012, deleted by L.25/2025

[32] Regulation 25B           inserted by R&O.109/2012, deleted by L.25/2025

[33] Regulation 25C           inserted by R&O.109/2012, deleted by L.25/2025

[34] Regulation 26             heading amended by R&O.109/2012, deleted by L.25/2025

[35] Regulation 27             heading amended by R&O.109/2012, deleted by L.25/2025

[36] Regulation 28             heading amended by R&O.109/2012, deleted by L.25/2025

[37] Regulation 29             heading amended by R&O.109/2012, deleted by L.25/2025

[38] Regulation 30             deleted by L.25/2025

[39] Regulation 31             deleted by L.25/2025

[40] Regulation 32             substituted by R&O.109/2012, deleted by L.25/2025

[41] Regulation 33             deleted by L.25.2025

[42] Regulation 34             deleted by L.25/2025

[43] Regulation 35             deleted by L.25/2025

[44] Cross heading            inserted by R&O.4/2020

[45] Regulation 35A           inserted by R&O.4/2020, deleted by L.25/2025

[46] Regulation 35B           inserted by R&O.4/2020, deleted by L.25/2025

[47] Part heading              amended by R&O.4/2020

[48] Regulation 35C           inserted by R&O.4/2020, deleted by L.25/2025

[49] Regulation 36             deleted by L.25/2025


Page Last Updated: 01 Jul 2026