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£100 Commemorative Note Design - Approval

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

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  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

  • providing a record of decisions and actions that will be available for examination by States Members, and Panels and Committees of the States Assembly; the public, organisations, and the media; and as a historical record and point of reference for the conduct of public affairs

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The Freedom of Information Law (Jersey) Law 2011 is used as a guide when determining what information is be published. While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.

A decision made 18 November 2011:

Decision Reference: MD-TR-2011-0140

Decision Summary Title:

Approval of the £100 Commemorative Note Design

Date of Decision Summary:

14 November 2011

Decision Summary Author:

Head of Decision Support

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

None

Person Giving

Oral Report:

N/A

Written Report

Title:

N/A

Date of Written Report: 

N/A

Written Report Author:

N/A

Written Report :

Public or Exempt?

N/A

Subject:

Approval of the £100 Commemorative Note Design.

Decision(s): 

The Minister for Treasury and Resources approved the attached £100 Commemorative note subject to minor amendments as agreed by the design council, and delegated authority to the Head of Treasury Policy & Compliance to progress to the printing and manufacturing stages:

Reason(s) for Decision:  

To produce a £100 commemorative note to celebrate Her Majesty the Queen’s Diamond Jubilee.  The new note incorporates additional security and anti-counterfeiting features.

Resource Implications: 

The costs associated with the new £100 Commemorative note were considered by the Treasurer of the States when approving the order of the print run of 100,000 notes in the Delegated Decision TR-2011-DD91 on the 23 September 2011. All costs will be financed from the Currency Notes Fund.

Action required:

The Head of Treasury Policy & Compliance will advise De La Rue Currency of the decision and agree arrangements to progress to the printing and manufacturing stage.

Signature:

 

 

 

 

Position:  Senator P F C Ozouf, Minister for Treasury and Resources

Date Signed:

 

Date of Decision

 

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