Companies
(Uncertificated Securities) (Amendment No. 2)
(Jersey) Order 2014
Made 1st August 2014
Coming into force 1st
August 2014
THE CHIEF MINISTER, in pursuance of Articles 51A and 219 of
the Companies (Jersey) Law 1991[1], and having consulted the Jersey Financial Services
Commission, orders as
follows –
1 Article 40 of Companies (Uncertificated Securities) (Jersey)
Order 1999 amended
In Article 40 of the
Companies (Uncertificated Securities) (Jersey) Order 1999[2] –
(a) in paragraph (1), for the words “more than”
there shall be substituted the words “before the beginning of the period
commencing”; and
(b) after paragraph (1) there shall be inserted the
following paragraphs –
“(1A) In calculating the
period mentioned in paragraph (1), no account shall be taken of any part
of a day that is not a working day.
(1B) For the purposes of paragraph (1A), ‘working
day’ means a weekday (within the meaning of Part 1 of the Schedule
to the Public Holidays and Bank Holidays (Jersey) Act 2010[3]) other than –
(a) a day specified in that Schedule as a day which is to be
observed as a public holiday; or
(b) a day noted in that Schedule as a day which is by custom observed as
a general holiday.”.
2 Citation
and commencement
This Order may be cited as
the Companies (Uncertificated Securities) (Amendment No. 2) (Jersey) Order 2014
and shall come into force on the same day as the Companies (Amendment No. 11)
(Jersey) Law 2014.
senator i.j. gorst
Chief Minister