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Collective Investment Funds (Amendment and Validation) (Jersey) Law 201- Draft

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A decision made 17 April 2012:

Decision Reference: MD-E-2012-0047

Decision Summary Title:

Draft Collective Investment Funds (Amendment and Validation) (Jersey) Law 201-

Date of Decision Summary:

April 2012

Decision Summary Author:

 

Director, Finance Industry Development

Decision Summary:

Public or Exempt?

 

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Draft Collective Investment Funds (Amendment and Validation) (Jersey) Law 201-

Date of Written Report:

April 2012

Written Report Author:

Director, Finance Industry Development

Written Report :

Public or Exempt?

Public

Subject:

 

Draft Collective Investment Funds (Amendment and Validation) (Jersey) Law 201- (the “Draft Law”)

 

Decision(s):

 

The Minister agreed to lodge the Draft Law and attached report, and signed the declaration of compatibility with the European Convention on Human Rights.  The Minister directed that the documents be lodged au Greffe so as to allow the Draft Law to be debated by the States at the earliest opportunity.

 

Reason(s) for Decision:

  • To amend the Collective Investment Funds (Jersey) Law 1988 relating to the payment of fees.

Resource Implications:

 

There is no effect on the financial or manpower resources of the States of Jersey

 

 

Action required:

 

To approve the Draft Law and the attached report; to sign the statement of compatibility with the European Convention on Human Rights; to direct that the documents be lodged au Greffe so as to allow the Draft Law to be debated by the States at the earliest opportunity.

Signature:

 

 

Senator AJH Maclean

Position:

 

 

Minister for Economic Development

 

Date Signed:                                      

 

 

Date of Decision: (if different from date signed)                           

 

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