Employers' Liability (Compulsory Insurance) (Exemptions) Ordinance, 2009

To access the legislation in printable format, please click the "view printable version" button.

The Employers' Liability (Compulsory Insurance) (Exemptions) Ordinance, 2009

THE STATES, in pursuance of their Resolution of the 24^th September, 2008[a], and in exercise of the powers conferred on them by sections 4 and 10 of the Employers' Liability (Compulsory Insurance) (Guernsey) Law, 1993[b], hereby order:-

Exemption from requirement to insure against employers' liability.

1. (1) An employer which satisfies the conditions in subsection (2) is, for the purposes of section 4 of the Employers' Liability (Compulsory Insurance) (Guernsey) Law, 1993, exempted from the requirement of that Law to insure and maintain insurance.

(2) The conditions are -

(a) the employer is a company,

(b) the company has only one employee, and

(3) In this section -

"company" includes any body corporate, and

"equity share capital" means a company's issued share capital excluding any part thereof which, as respects neither dividends nor capital, carries a right to participate beyond a specified amount in a distribution.

(4) In determining whether an employee owns more than half in nominal value of a company's equity share capital any shares held by him as nominee or in a fiduciary capacity shall be treated as not owned by him.

Citation.

2. This Ordinance may be cited as the Employers' Liability (Compulsory Insurance) (Exemptions) Ordinance, 2009.

Commencement.

3. This Ordinance shall come into force on the 1^st November, 2009.

[a]	Article X of Billet d'État No. XII of 2008.
[b]	Ordres en Conseil Vol. XXXIV, p. 551.