Means the written demand described in Articles 75 and 76 of the SI(J)L
Financing Change Statement
Means the data required or authorised under the SI(J)L to be entered in the Security Interests Register in respect of any transfer, assignment, subordination, discharge, amendment or other action or matter in respect of a security interest or of an assignment of receivable, that has already been registered
Financing Statement
Means the data required or authorised under the SI(J)L to be entered in the Security Interest Register to effect the Registration of a security interest or of an assignment of receivable
Registrar
Means the Registrar referred to in Article 60 of the SI(J)L
Registration
Means the registration of a financing statement in respect of a security interest or assignment of receivables on the Security Interests Register
Regulations
Means the Alternative Investment Funds (Jersey) Regulations 2012, as amended
Security Interests Register
Means the register maintained under Part 8 of the SI(J)L
SI(J)L
Means the Security Interests (Jersey) Law 2012
Fees
The following fees are payable to the Registrar for using the Security Interests Register:
Registration
Item
Function of the Registrar
Fee
1
Registration for 1-20 years for each year of the period
£10
2
Registration for more than 20 years (no concept of infinity filing under the SI(J)L)
£200
Post Registration
Item
Function of the Registrar
Fee
1
Renew a registration for 1-20 years for each year of the period
£10
2
Renew a registration for more than 20 years (no concept of infinity filing under the SI(J)L)
£200
3
Discharge a Registration
FREE
4
Amend a Registration – other than change of expiry date
£10
5
Amend Registration expiry date – follow registration fee scales
See registration fees
6
Effect a global change of multiple Registrations – other than change of expiry date
£135
7
File a Change Demand Notice with the Registrar (by grantor/assignor)
£30
8
Security interests taken over collateral that is first time buyer share transfer property
FREE
Search, Retrieval and Monitoring
Item
Function of the Registrar
Fee
1
Search the Security Interests Register
£5
Registry Value-Added Service
Item
Article(s) of the Law
Function of the Registrar
Fee
1
n/a
Certification of a Financing Statement filed on the Security Interests Register
£60
2
n/a
Ad hoc service (fee by arrangement)
£1,345
minimum
3
n/a
Electronically certified copies via the Registry’s online facility