S.I. No. 425/2010 - Companies Act 1990 (Relevant Jurisdictions under Section 256F) Regulations 2010.

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S.I. No. 425/2010 - Companies Act 1990 (Relevant Jurisdictions under Section 256F) Regulations 2010.

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Notice of the making of this Statutory Instrument was published in
“Iris Oifigiúil” of 10th September, 2010.
I, BILLY KELLEHER, Minister of State at the Department of Enterprise, Trade and Innovation, in exercise of the powers conferred on me by subsection (17) of section 256F (inserted by paragraph (j) of section 3 of the Companies (Miscellaneous Provisions) Act 2009 (No. 45 of 2009)) of the Companies Act 1990 (No. 33 of 1990) (as adapted by the Enterprise, Trade and Employment (Alteration of Name of Department and Title of Minister) Order 2010 ( S.I. No. 185 of 2010 ) and the Enterprise, Trade and Innovation (Delegation of Ministerial Functions) (No. 3) Order 2010 ( S.I. No. 334 of 2010 ), and being satisfied as to the matters specified in the said subsection (17), hereby make the following

regulations:
1. These Regulations may be cited as the Companies Act 1990 (Relevant Jurisdictions under Section 256F) Regulations 2010.
2. Each of the places specified in the Schedule is prescribed as a relevant jurisdiction for the purposes of section 256F (inserted by paragraph (j) of section 3 of the Companies (Miscellaneous Provisions) Act 2009 (No. 45 of 2009)) of the Companies Act 1990 (No. 33 of 1990).
SCHEDULE
Bermuda
British Virgin Islands
Cayman Islands
Guernsey
Isle of Man
Jersey
GIVEN under my hand,
7 September 2010.
BILLY KELLEHER,
Minister of State at the Department of Enterprise, Trade and Innovation.
EXPLANATORY NOTE
(This is not a part of the Instrument and does not purport to be a legal interpretation.)
These Regulations prescribe six jurisdictions as relevant jurisdictions for the purposes of the inward migrating funds mechanism contained in the Companies (Miscellaneous Provisions) Act 2009 .
That mechanism allows certain collective investment fund entities currently based in relevant jurisdictions to apply to migrate their registered offices to Ireland without firstly having to wind up in their current jurisdiction.

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