Proceeds of Crime
(Supervisory Bodies) (Transitional Provision) (Jersey) Order 2008
Made 19th December 2008
Coming into force 19th
December 2008
THE MINISTER FOR ECONOMIC DEVELOPMENT, in pursuance of Article 43(4) of the
Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008[1], orders as follows –
1 Interpretation
In this Order –
“exempt specified
Schedule 2 business” means business falling within any of items 4, 5
or 6 of the Schedule to the Law;
“Law” means the
Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008[2].
2 Transitional
provision for persons carrying on regulated business
Notwithstanding anything in the Law, a person carrying on a
regulated business who also carries on an exempt specified Schedule 2
business shall not be taken to have contravened Article 10(1) of the Law
by virtue of any action that is taken, or not taken, by that person in the
course of carrying on that exempt specified Schedule 2 business at any time
on or before 19th June 2009.
3 Citation
and commencement
This Order may be cited as
the Proceeds of Crime (Supervisory Bodies) (Transitional Provision) (Jersey)
Order 2008 and shall come into force forthwith.
senator a.j.h. maclean
Minister for Economic
Development