Companies (Subsidiaries) (Jersey) Order 2003

  • 01 Jan 2019 (Current)
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Companies (Subsidiaries) (Jersey) Order 2003

Official Consolidated Version

This is an official version of consolidated legislation compiled and issued under the authority of the Legislation (Jersey) Law 2021.

 

Showing the law from 1 January 2019 to Current

 

 



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Companies (Subsidiaries) (Jersey) Order 2003

THE ECONOMIC DEVELOPMENT COMMITTEE, in pursuance of Article 2 of the Companies (Jersey) Law 1991, and having consulted the Jersey Financial Services Commission, orders as follows –

Commencement [see endnotes]

1        Meaning of “subsidiary”, “wholly-owned subsidiary” and “holding body”

If shares were held by way of security on 1st September 2002 –

(a)     Article 2A(7) of the Companies (Jersey) Law 1991 shall not apply, while that security remains in force, to rights that are attached to the shares; and

(b)     while that paragraph does not apply, those rights shall instead be treated for the purposes of Article 2 of that Law as being held by the person who is for the time being providing the security.

2        Citation

This Order may be cited as the Companies (Subsidiaries) (Jersey) Order 2003.

 


Endnotes

Table of Legislation History

Legislation

Year and No

Commencement

Companies (Subsidiaries) (Jersey) Order 2003

R&O.47/2003

21 May 2003

Transfer of Functions (Economic Development Committee) (Jersey) Act 2003

R&O.101/2003

14 October 2003

Table of Renumbered Provisions

Original

Current

2

spent, omitted from this revised edition

3

2

Table of Endnote References

There are currently no endnote references


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