Bank (Recovery and Resolution) (Amendment – References to Ministers) (Jersey) Order 2022

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Bank (Recovery and Resolution) (Amendment – References to Ministers) (Jersey) Order 2022

Made                                                                                                          6th May 2022

Coming into force                                                                               13th May 2022

THE MINISTER FOR EXTERNAL RELATIONS AND FINANCIAL SERVICES makes this Order under Article 173 of the Bank (Recovery and Resolution) (Jersey) Law 2017, after consulting the Jersey Resolution Authority and the Jersey Financial Services Commission –

1        Bank (Recovery and Resolution) (Jersey) Law 2017 amended

In the Bank (Recovery and Resolution) (Jersey) Law 2017 –

(a)     in Article 1, in the definition “Minister”, for “External Relations” there is substituted “External Relations and Financial Services”;

(b)     in paragraph 3(a) of Schedule 1, “including a representative of the Minister or the representative of the Minister for Treasury and Resources” is deleted.

2        Citation and commencement

This Order may be cited as the Bank (Recovery and Resolution) (Amendment – References to Ministers) (Jersey) Order 2022 and comes into force 7 days after it is made.

Senator I.J. Gorst

Minister for External Relations and Financial Services

 


Page Last Updated: 06 May 2022