Jersey Law 30/1999

 

FEES (MISCELLANEOUS AMENDMENTS AND VALIDATION) (JERSEY) LAW 1999

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A LAW       to amend certain enactments with regard to the imposition of fees and to validate fees previously imposed under those enactments; sanctioned by Order of Her Majesty in Council of the

 

12th day of OCTOBER 1999

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(Registered on the 5th day of November 1999)

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STATES OF JERSEY

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The 26th day of July 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

Miscellaneous amendments

The enactments specified in the First Schedule to this Law shall be amended in accordance with the provisions of that Schedule.

ARTICLE 2

Validation

The imposition and recovery of fees pursuant to Orders made under the provisions of the enactments specified in the Second Schedule to this Law before the coming into force of this Law is validated and is to be taken to have been lawfully imposed and recovered.

ARTICLE 3

Short title

This Law may be cited as the Fees (Miscellaneous Amendments and Validation) (Jersey) Law 1999.

 

G.H.C. COPPOCK

 

Greffier of the States.

FIRST SCHEDULE

(Article 1)

AMENDMENT OF ENACTMENTS

 

Collective Investment Funds (Jersey) Law 19881

After paragraph (1) of Article 17 there shall be inserted the following paragraph –

“(1A)    In prescribing fees for the purposes of this Law, the Committee may take into consideration such matters as it thinks fit, and such fees may be prescribed so as to raise income in excess of the amount necessary to cover the expenses of the Committee and the Commission in discharging their respective functions under this Law.”.

 

Banking Business (Jersey) Law 19912

After paragraph (1) of Article 48 there shall be inserted the following paragraph –

“(1A)    In prescribing fees for the purposes of this Law, the Committee may take into consideration such matters as it thinks fit, and such fees may be prescribed so as to raise income in excess of the amount necessary to cover the expenses of the Committee and the Commission in discharging their respective functions under this Law.”.

 

Companies (Jersey) Law 19913

After paragraph (1A) of Article 219 there shall be inserted the following paragraph –

“(1B)     In prescribing fees for the purposes of this Law, the Committee may take into consideration such matters as it thinks fit, and such fees may be prescribed so as to raise income in excess of the amount necessary to cover the expenses of the Committee and the Commission in discharging their respective functions under this Law.”.

 

Limited Partnerships (Jersey) Law 19944

After paragraph (1) of Article 38 there shall be inserted the following paragraph –

“(1A)    In prescribing fees for the purposes of this Law, the Committee may take into consideration such matters as it thinks fit, and such fees may be prescribed so as to raise income in excess of the amount necessary to cover the expenses of the Committee and the Commission in discharging their respective functions under this Law.”.

 

Insurance Business (Jersey) Law 19965

After paragraph (1) of Article 38 there shall be inserted the following paragraph –

“(1A)    In prescribing fees for the purposes of this Law, the Committee may take into consideration such matters as it thinks fit, and such fees may be prescribed so as to raise income in excess of the amount necessary to cover the expenses of the Committee and the Commission in discharging their respective functions under this Law.”.

 

Limited Liability Partnerships (Jersey) Law 19976

After paragraph (1) of Article 46 there shall be inserted the following paragraph –

“(1A)    In prescribing fees for the purposes of this Law, the Committee may take into consideration such matters as it thinks fit, and such fees may be prescribed so as to raise income in excess of the amount necessary to cover the expenses of the Committee and the Commission in discharging their respective functions under this Law.”.

 

Investment Business (Jersey) Law 19987

After paragraph (1) of Article 39 there shall be inserted the following paragraph –

“(1A)    In prescribing fees for the purposes of this Law, the Committee may take into consideration such matters as it thinks fit, and such fees may be prescribed so as to raise income in excess of the amount necessary to cover the expenses of the Committee and the Commission in discharging their respective functions under this Law.”.

SECOND SCHEDULE

(Article 2)

VALIDATION

 

Enactments	Provisions under which fees imposed
Collective Investment Funds (Jersey) Law 19888	Articles 5, 6 and 17
Banking Business (Jersey) Law 19919	Articles 8 and 48
Companies (Jersey) Law 199110	Articles 201 and 219
Limited Partnerships (Jersey) Law 199411	Articles 31 and 38
Insurance Business (Jersey) Law 199612	Articles 5 and 38
Limited Liability Partnerships (Jersey) Law 199713	Articles 37 and 46
Investment Business (Jersey) Law 199814	Articles 7, 8 and 39