Data Protection (Corporate Finance Exemption) (Jersey) Regulations 2005

Revised Edition

15.240.10

Showing the law as at 1 January 2006

This is a revised edition of the law



Data Protection (Corporate Finance Exemption) (Jersey) Regulations 2005

THE STATES, in pursuance of paragraph 6(2) of Schedule 7, and Article 67, of the Data Protection (Jersey) Law 2005[1], have made the following Regulations –

Commencement [see endnotes]

1        Interpretation

In these Regulations, “Law” means the Data Protection (Jersey) Law 2005[2].

2        Matters to be taken into account

(1)     In pursuance of paragraph 6(2)(a) of Schedule 7 to the Law, the matter set out in paragraph (2) is hereby specified as a matter that is to be taken into account in so far as it may adversely affect an important economic or financial interest of Jersey.

(2)     The matter is the inevitable prejudicial effect on –

(a)     the orderly functioning of financial markets whether in Jersey or elsewhere; or

(b)     the efficient allocation of capital within an economy whether in Jersey or elsewhere,

that would result from the application (whether on an occasional or on a regular basis) of the subject information provisions to data to which paragraph (3) applies.

(3)     The data are any personal data to which the application of the subject information provisions could, in the reasonable belief of the relevant person (within the meaning of paragraph 6 of Schedule 7 to the Law) affect –

(a)     a decision, in Jersey or elsewhere, of a person whether or not to deal in, subscribe for, or issue, an instrument that is already in existence or is to be or may be created; or

(b)     a decision, in Jersey or elsewhere, of a person to act or not to act in a way that is likely to have an effect on a business activity including an effect on –

(i)      the industrial strategy of a person (whether the strategy is, or is to be, pursued independently or in association with others),

(ii)      the capital structure of an undertaking, or

(iii)     the legal or beneficial ownership of a business or asset.

3        Citation

These Regulations may be cited as the Data Protection (Corporate Finance Exemption) (Jersey) Regulations 2005.

 


Endnotes

Table of Legislation History

Legislation

Year and No

Commencement

Data Protection (Corporate Finance Exemption) (Jersey) Regulations 2005

R&O.135/2005

1 December 2005

Table of Renumbered Provisions

Original

Current

None

 

Table of Endnote References



[1]                                    chapter 15.240

[2]                                    chapter 15.240


Page Last Updated: 03 Apr 2018