R&O – 68/2004
Insurance Business
(General Provisions) (Amendment No. 4) (Jersey)
Order 2004
Made 9th July 2004
Coming into force 1st
August 2004
THE ECONOMIC DEVELOPMENT COMMITTEE, in pursuance of Articles 5 and 38 of the Insurance Business (Jersey) Law
1996[1] and on the recommendation of the
Jersey Financial Services Commission, orders as follows –
1 Article 4 amended
In Article 4 of the Insurance Business (General Provisions) (Jersey)
Order 1996[2] –
(a) in
paragraph (a)(i) for “£3,500” there shall be substituted
“£4,000”;
(b) in
paragraph (a)(ii) for “£1,750” there shall be substituted
“£2,000”;
(c) in
paragraph (b)(i) for “£6,000” there shall be substituted
“£7,000”; and
(d) in
paragraph (b)(ii) for “£3,000” there shall be substituted
“£3,500”.
2 Application
This Order shall apply to Category A permits and Category B
permits granted or renewed on or after 1st August 2004.
3 Revocation
The Insurance Business (General
Provisions) (Amendment No. 2) (Jersey) Order 2000[3] shall be revoked.
4 Citation
and commencement
(1) This
Order may be cited as the Insurance Business (General Provisions) (Amendment
No. 4) (Jersey) Order 2004.
(2) It
shall come into force on 1st August 2004.
M.N. DE LA HAYE
Greffier of the States.