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Jersey Issues Regulation on Demerger Regime

|Approved Changes|Jersey
Jersey

Jersey has published the Companies (Demerger) (Jersey) Regulations 2018, which were made 10 July 2018 and provide a demerger regime for certain companies registered in Jersey. In general, the Regulations provide that a Jersey company may demerge into two or more Jersey companies where one is a surviving company, or all are new companies. However, a number of specific companies are not eligible to demerge or to become a demerged company under the Regulations. These are set out in Regulation 2…

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