Saturday 26 February 2022

Jersey: amending insolvency law

The Companies (General Provisions) (Amendment No. 6) (Jersey) Order 2022 was made yesterday and amends an existing one - the Companies (General Provisions) (Jersey) Order 2002 - by, amongst other things, inserting a new provision concerning liquidator's qualifications. At the head of the new Order it is said that it comes into force on 1 February. This would appear to be a mistake because, under Article 5, the Order comes into force at the same time as the Companies (Amendment No. 8) (Jersey) Regulations 2022, and these Regulations - worth noting in their own right because of the changes they make to insolvency law - come into force on 1 March 2022.

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