Notice of the making of this Statutory Instrument was published in |
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"Iris Oifigiúil" of 11th September, 2015. |
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I, MICHAEL NOONAN, Minister for Finance in exercise of the powers conferred on me by section 145 (2) of the Irish Collective Asset-management Vehicles Act 2015 (No. 2 of 2015) and being satisfied as to the matters specified in the said subsection (2), hereby make the following regulations: |
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1. These Regulations may be cited as the Irish Collective Asset-management Vehicles Act 2015 (Section 145(2)) (Relevant Jurisdictions) Regulations 2015. |
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2. Each of the places specified in the Schedule is prescribed as a relevant jurisdiction for the purposes of section 145 (1) of the Irish Collective Asset-management Vehicles Act 2015 (No. 2 of 2015). |
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Schedule |
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1. British Virgin Islands. |
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2. Cayman Islands. |
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GIVEN under the Official Seal of the Minister for Finance, |
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3 September 2015. |
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MICHAEL NOONAN, |
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Minister for Finance. |
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EXPLANATORY NOTE |
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(This note is not part of the Instrument and does not purport to be a legal interpretation.) |
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These Regulations provide for the prescription of the British Virgin Islands and the Cayman Islands for the purposes of s. 145(2) of the Irish Collective Asset-management Vehicles Act 2015 . |
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Designation as a relevant jurisdiction permits a corporate entity which is a collective investment scheme in that jurisdiction to migrate to Ireland, becoming in the process an ICAV. |