Draft Security Interests (Jersey) Law

Department	Department for the Economy
Start date	02/06/2009
End date	01/08/2009
Type of consultation	White paper
Deadline for comments	01/08/2009
Responses publish date	31/03/2011

About the consultation

The consultation paper invites comments on the draft Security Interests (Jersey) Law 200-  which would replace the existing Security Interests (Jersey) Law 1983. Its aim is to provide Jersey with a simplified, modern, efficient legal regime for the creation, perfection, priority, transfer and enforcement of consensual security interests in intangible movables and their proceeds. 

The draft Law is designed to give Jersey one of the most up-to-date legal regimes in this field and thereby to enhance Jersey’s attractiveness both to local and to foreign investors.

Read the consultation paper on the Draft Security Interests (Jersey) Law 200- (size 1.38mb)

How to submit comments to the consultation

This consultation is now closed.​

Responses to the consultation

There was a significant response to the consultation which has resulted in some substantial changes to the draft Law. There have also been additional changes for the purpose of technical improvements to simplify and clarify the text.  The Summary of Responses sets out the comments made by respondents as well as the changes that have been made to the draft Law.

Read the Summary of Responses (size 1.57kb)
Read the Security Interests (Jersey) Law 2012 on the Jersey Law website