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Jersey Financial Services Commission: appointment of Commissioner (P.86/2010) – amendment.

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STATES OF JERSEY

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JERSEY FINANCIAL SERVICES COMMISSION: APPOINTMENT OF COMMISSIONER (P.86/2010) – AMENDMENT

Lodged au Greffe on 29th June 2010 by the Minister for Economic Development

STATES GREFFE

2010   Price code: A  P.86 Amd.

JERSEY FINANCIAL SERVICES COMMISSION: APPOINTMENT OF COMMISSIONER (P.86/2010) – AMENDMENT

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For the words "19th July 2013" substitute the words "16th June 2012".

MINISTER FOR ECONOMIC DEVELOPMENT

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P.86/2010 Amd.

REPORT

Paragraph 1(6) of Part 2 of Schedule 1 to the Financial Services Commission (Jersey) Law 1998 states that "A Commissioner shall retire from office on reaching the age of 72 years".

Since lodging P.86/2010 it has come to light that Sir Nigel Wicks will reach this statutory retirement age on 16th June 2012 and this amendment is therefore being brought to ensure that his appointment terminates on that date.

Financial and manpower implications

There are no additional financial or manpower implications for the States arising from this amendment.

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P.86/2010 Amd.