Friday, 6 June 2008

Guernsey: Companies (Guernsey) Law 2008 receives Queen's Assent

The Companies (Guernsey) Law 2008 received the assent of The Queen in Council last month (see here for the Order). It is the intention of the States of Guernsey to implement the new legislation in stages. A Commencement Ordinance - The Companies (Guernsey) Law, 2008, (Commencement) Ordinance, 2008 - has been enacted: this brings into force, on June 12, the provisions in Part XXX governing the registrar of companies and states that the entire Act will come into force on 1 July.   For background information, see this earlier post and note also the information on the Guernsey Registry website, including this overview of the dramatic changes for company incorporation resulting from the new Act.

Postscript (25 July 2008): The above link to the Companies (Guernsey) Law 2008 will take you to the latest, consolidated version on the Guernsey Registry website.  

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