A series of new Laws and Regulations, proposed by the Minister for External Relations, were successfully passed by the States Assembly on 6 December 2018.
This legislation is designed to protect Jersey’s international interests and also to ensure that the government is able to respond effectively to the potential impacts of Brexit.
- The Taxation (Companies – Economic Substance) Law; and
- The new Sanctions and Asset-Freezing Law.
The States Assembly also approved the EU Legislation (Customs Union, Import and Export Control) regulations that create the powers necessary to implement the landmark Jersey / UK Customs Arrangement, agreed in November, which establishes a customs union between Jersey and the United Kingdom.