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PRESS RELEASE - 19 July 2005

Response paper on the replacement of the Registration of Business Names (Jersey) Law 1956

A Response paper has been circulated to the local community to communicate the substance of a new Registration of Business Names (Jersey) Law 200- currently being drafted. This follows the consultation on the subject that was undertaken in 2004.

The key areas in the paper are:

a) To clarify what a registered business name is;
b) The introduction of new and improved dispute resolution mechanisms; and
c) The process of registering a business name.

The existing Registration of Business Names (Jersey) Law (“the Law”) was enacted in 1956 and based on an early UK Law of 1916. It has become apparent to the Registrar that the Law in its present form does not provide adequate administrative powers to those who must administer its use. As a consequence the laws administration is not efficient or effective.

Local businesses were asked whether they would prefer to see the law changed, amended or repealed.

The response was clearly to repeal the law and introduce a newly drafted modern Business Name Law.

- Ends -

For further information please contact: -

Julian Lamb, Deputy Registar
Jersey Financial Services Commission

Tel: + 44 (0) 1534 822067
Fax:+ 44 (0) 1534 822003
Email:j.lamb@jerseyfsc.org

Click to view Response paper No. 1 2005

Notes to Editors.

The Commission’s Response paper is published on the Commission’s website at www.jerseyfsc.org. Other hard copies are available from the States Library and book shop at Morier House.

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