Financial Services (Disclosure and Provision of Information – Person with Standing) (Jersey) Order 2023


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Financial Services (Disclosure and Provision of Information – Person with Standing) (Jersey) Order 2023

Made                                                                                                             12th May 2023

Coming into force                                                                                     19th May 2023

THE CHIEF MINISTER, having consulted the Jersey Financial Services Commission, makes this Order under Articles 19 and 21 of the Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020 –

1        Interpretation

In this Order, “Law” means the Financial Services (Disclosure and Provision of Information) (Jersey) Law 2020.

2        Person with standing – creditor

For the purposes of Article 19(9)(e) of the Law (Royal Court may declare dissolution of entity void), a creditor of an entity dissolved under Article 16(5) of the Law is a person with standing.

3        Supplemental – requirement to notify registrar

Before making an application to the Royal Court under Article 19 of the Law for a declaration that the dissolution of an entity under Article 16(5) is void, the creditor of the dissolved entity must notify the registrar that the creditor intends to make the application.

4        Citation and commencement

This Order may be cited as the Financial Services (Disclosure and Provision of Information – Person with Standing) (Jersey) Order 2023 and comes into force 7 days after it is made.

Deputy M.E. Millar of St. John, St. Lawrence and Trinity

for and on behalf of

Chief Minister

 


Page Last Updated: 12 May 2023