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The Financial Services (Designated Countries and Territories) (Overseas Insurance Companies) Order 1998
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- 1998 No. 1550
- Explanatory Note
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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.
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