1

This Order may be cited as the Financial Services (Designated Countries and Territories) (Overseas Insurance Companies) Order 1998, and shall come into force on 16th July 1998.

NOTES
Initial Commencement
Specified date

Specified date: 16 July 1998: see above.

Financial Services & Activities99 Insurance Law99 Banking & Finance Law99

2

2

The Bailiwick of Jersey is designated for the purposes of section 130 of the Financial Services Act 1986.

NOTES
Initial Commencement
Specified date

Specified date: 16 July 1998: see art 1.

Signature

Graham Allen

Jon Owen Jones

Two of the Lords Commissioners of Her Majesty's Treasury

24th June 1998

EXPLANATORY NOTE

EXPLANATORY NOTE (This note is not part of the Order)

This Order designates the Bailiwick of Jersey for the purposes of section 130 of the Financial Services Act 1986. The Order removes from the prohibition imposed by subsection (1) of that section on the promotion of certain contracts of insurance, rights under which constitute an investment for the purposes of that Act, the promotion of such contracts with an insurance company authorised to effect or carry out such contracts in the Bailiwick of Jersey.

Financial Services & Activities96 Insurance Contract96 Insurance Law96 Banking & Finance Law96