Draft Companies (Demerger) Regulations
Launch date: 02/07/2018
Review status: Comments published
What is the review about?
The Economic Affairs Panel has undertaken some work on P.59/2018 "Draft Companies (Demerger) Regulations". P.59/2018 essentially permits the demerger of Jersey companies. The introduction of a demerger regime is intended to enable the undertaking, property, rights and liabilities of a Jersey company to be divided amongst two or more companies.
Review progress
The Panel presented a Comments paper on Monday 9 July in time for the States debate.
Terms of reference
The Panel will examine P.59/2018 and present a Comments paper in order to inform the States debate on 10 July.