Financial Services (Amendment of Law) (No. 3) (Jersey) Regulations 2008

Financial Services (Amendment of Law) (No. 3) (Jersey) Regulations 2008

Made                                                                           29th April 2008

Coming into force                                                           6th May 2008

THE STATES, in pursuance of Article 4 of the Financial Services (Jersey) Law 1998[1], have made the following Regulations –

1        Interpretation

In these Regulations, “Law” means the Financial Services (Jersey) Law 1998[2].

2        Article 1 of Law amended

In Article 1(1) of the Law –

(a)     for the definition “fund asset” there shall be substituted the following definition –

“ ‘fund asset’ means an asset of a collective investment fund or of an unregulated fund;”;

(b)     after the definition “unclassified fund” there shall be inserted the following definition –


‘unregulated fund’ means an unregulated fund within the meaning of the Collective Investment Funds (Unregulated Funds) (Jersey) Order 2008.”.

3        Article 2 of Law amended

In Article 2(10) of the Law, after the words “an unclassified fund” there shall be inserted the words “or an unregulated fund”.

4        Citation and commencement

(1)     These Regulations may be cited as the Financial Services (Amendment of Law) (No. 3) (Jersey) Regulations 2008.

(2)     These Regulations shall come into force 7 days after they are made.

a.h. harris

Deputy Greffier of the States



[1]                                    chapter 13.225

[2]                                    chapter 13.225

Page Last Updated: 25 Apr 2016