Latest News Headlines
On-Air Now
Listen Live
Facebook

Consultation launched to modernise company law

Tue, 19 Feb 2013


A major consultation to modernise Manx company law has been launched by the Treasury.

It’s in an effort to consolidate, modernise and clarify the law to create a Companies Bill 2013.

The consultation will run for 18 weeks as the current legislation has more than 900 clauses.

Treasury Minister Eddie Teare says it’s a huge exercise but needs to be done if the Island is to hold its lead as a jurisdiction that is business friendly and internationally responsible.

The closing date for comments is Friday, May 17th.


 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed