P.2017/42
The States are asked to decide: -
Whether, after consideration of the Policy Letter dated 18th April, 2017, of the Policy & Resources Committee, they are of the opinion:-
1. To agree that an Ordinance should be enacted under the European Communities (Implementation) (Bailiwick of Guernsey) Law, 1994 to implement Regulation (EU) 2015/847 in Guernsey, subject to appropriate adaptations, exceptions and modifications, and to repeal the Transfer of Funds (Guernsey) Ordinance, 2007; and
2. To direct the Law Officers to prepare such legislation as may be necessary to give effect to the above, including any necessary or expedient supplemental and consequential provision.
The above Propositions have been submitted to Her Majesty's Procureur for advice on any legal or constitutional implications in accordance with Rule 4(1) of the Rules of Procedure of the States of Deliberation and their Committees.
