Security interests register fees

Change Demand Notice

Means the written demand described in Articles 75 and 76 of the SI(J)L

Financing Change Statement

Means the data required or authorised under the SI(J)L to be entered in the Security Interests Register in respect of any transfer, assignment, subordination, discharge, amendment or other action or matter in respect of a security interest or of an assignment of receivable, that has already been registered

Financing Statement

Means the data required or authorised under the SI(J)L to be entered in the Security Interest Register to effect the Registration of a security interest or of an assignment of receivable

Registrar

Means the Registrar referred to in Article 60 of the SI(J)L

Registration

Means the registration of a financing statement in respect of a security interest or assignment of receivables on the Security Interests Register

Regulations

Means the Alternative Investment Funds (Jersey) Regulations 2012, as amended

Security Interests Register

Means the register maintained under Part 8 of the SI(J)L

SI(J)L

Means the Security Interests (Jersey) Law 2012

1

Registration for 1-20 years for each year of the period

£10

2

Registration for more than 20 years (no concept of infinity filing under the SI(J)L)

£200

1

Renew a registration for 1-20 years for each year of the period

£10

2

Renew a registration for more than 20 years (no concept of infinity filing under the SI(J)L)

£200

3

Discharge a Registration

FREE

4

Amend a Registration – other than change of expiry date

£10

5

Amend Registration expiry date – follow registration fee scales

See registration fees

6

Effect a global change of multiple Registrations – other than change of expiry date

£135

7

File a Change Demand Notice with the Registrar (by grantor/assignor)

£30

8

Security interests taken over collateral that is first time buyer share transfer property

FREE

1

Search the Security Interests Register

£5

1

n/a

Certification of a Financing Statement filed on the Security Interests Register

£60

2

n/a

Ad hoc service (fee by arrangement)

£1,345

minimum

3

n/a

Electronically certified copies via the Registry’s online facility

£45