Jersey Law 22/1999

INVESTMENT BUSINESS (AMENDMENT) (JERSEY) LAW 1999

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A LAW       to amend the Investment Business (Jersey) Law 1998; sanctioned by Order of Her Majesty in Council of the

22nd day of JUNE 1999

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(Registered on the 23rd day of July 1999)

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STATES OF JERSEY

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The 3rd day of February 1999

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THE STATES, subject to the sanction of Her Most Excellent Majesty in Council, have adopted the following Law –

ARTICLE 1

In paragraph (10) of Article 11 of the Investment Business (Jersey) Law 19981 the words “; but this paragraph shall not apply to a person in any case in which he has failed to give a notice or become or continued to be a principal person or increased, reduced or disposed of his holding, in circumstances in which his doing so constitutes an offence under Article 13” shall be deleted.

ARTICLE 2

This Law may be cited as the Investment Business (Amendment) (Jersey) Law 1999 and shall come into force on such day as the States may by Act appoint.

G.H.C. COPPOCK

Greffier of the States.