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L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Flat 12, Block F, Quennevais Park: Transfer to Flying Freehold

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 17 November 2014:

Decision Reference: MD-PH-2014-0200

Decision Summary Title :

Apartment N° 12, Block F les Quennevais Park – Transfer of the Public’s

Flying-Freehold Ownership and Cancellation of Existing 99 Year Lease

Date of Decision Summary:

17 November 2014

Decision Summary Author:

Principal Property Manager

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

N/A

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:  Apartment N° 12, Block F les Quennevais Park – Transfer of the Public’s

Flying-Freehold Ownership and Cancellation of Existing 99 Year Lease

 PBA 2068-01-012

Decision(s):

 

With reference to the previous decision MD-PH-2014-0190 plus associated documentation and the expiry of 15 working days’ notice to the States of that decision, the Minister approved, as recommended by Jersey Property Holdings:

 

  1. The assignment of the remaining portion of the present leaseholder’s 99-year lease of F12 Quennevais Park to the Purchaser, subject to payment of the Public’s reasonable costs in participating in the contract.
  2. Immediately thereafter, the cancellation of the 99-year lease with the Purchaser.
  3. Immediately thereafter, the transfer to the Purchaser  of the Public’s flying-freehold interest in the apartment, for an agreed consideration, plus reasonable costs incurred in connection with the contract, in accordance with the approved policy (under MD-PH-2012-0124), and the independent valuation arranged by JPH.

 

Reason for Decision:

 

The transaction was notified to the States in a report dated 10 October 2014 and at the end of the 15 day period required no comments on the transaction had been received. The Minister therefore decided to conclude the transaction.

 

Resource Implications:

 

  1. The financial implications of this decision are detailed in the report accompanying MD-PH-2014-0190.

 

  1. There are no manpower implications in respect of this decision.

 

  1. When the transaction is concluded the States asset balance sheet will be amended to account for the transaction.

 

Action required:

 

Under Standing Order 168 (5) the Minister hereby authorised the Attorney General and the Greffier to pass any contract which is required to be passed on behalf of the Public and to copy this decision to the Assistant Minister, Treasurer and Head of Decision Support.

 

Signature:

 

 

 

 

Position: Deputy E J Noel *

Assistant Minister for Treasury & Resources

 

Date Signed:

 

 

Date of Decision:

 

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