Foundations
(Amendment) (Jersey) Regulations 2009
Made 15th July 2009
Coming into force 17th
July 2009
THE STATES, in pursuance of Article 52(1) of the Foundations (Jersey)
Law 2009[1], have made the following
Regulations –
1 Definition
In these Regulations
“the Law” means the Foundations (Jersey) Law 2009[2].
2 Article
1 amended
Article 1(1) of the Law
is amended by inserting after the definition “beneficiary” the
following definition –
“ ‘body
corporate’ includes, for the purpose of Article 56(1), any body or
entity incorporated or established outside Jersey whether by registration,
endowment or otherwise and whether or not having legal personality;”.
3 Article 10 amended
Article 10 of the Law is amended by adding
the following paragraph –
“(3) The business address of a
foundation, unless its charter provides otherwise, is to be taken to constitute
the place of administration of the activities and assets of the
foundation.”.
4 Citation
and commencement
(1) These
Regulations may be cited as the Foundations (Amendment) (Jersey) Regulations
2009.
(2) They
shall come into force on the same date as the Foundations (Jersey)
Law 2009.
l-m. hart
Assistant Greffier of the States