Alternative Investment Funds (Amendment) (Jersey) Order 2015

Made                                                                        27th March 2015

Coming into force                                                     27th March 2015

THE CHIEF MINISTER, in pursuance of Regulations 2, 16 and 29 of the Alternative Investment Funds (Jersey) Regulations 2012[1], and on the recommendation of the Jersey Financial Services Commission, orders as follows –

1        Amendment of Article 4

In Article 4 of the Alternative Investment Funds (Jersey) Order 2013[2] –

(a)     in paragraph (3)(b) the words “or” shall be deleted;

(b)     for paragraph (3)(c) there shall be substituted the following sub-paragraphs –

“(c)    is a person granted a permit under Article 7 of the Collective Investment Funds (Jersey) Law 1988[3] to be a manager; or

(d)     is a person who has been granted a certificate, that is in force, under Article 8B of the Collective Investment Funds (Jersey) Law 1988 in relation to the AIF for which the person is the service provider.”.

2        Citation and commencement

This Order made be cited as the Alternative Investment Funds (Amendment) (Jersey) Order 2015 and shall come into force forthwith.

senator i.j. gorst

Chief Minister

 


 



[1]                                    chapter 17.245.51

[2]                                    chapter 17.245.52

[3]                                    chapter 13.100


Page Last Updated: 14 Apr 2016