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Community Savings Limited: Grant

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 15 August 2013:

Decision Reference:  MD-TR-2013-0070

Decision Summary Title:

Grant to Community Savings Ltd

Date of Decision Summary:

15th August 2013

Decision Summary Author:

Treasurer of the States

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Grant to Community Savings Ltd

Date of Written Report:

15th August 2013

Written Report Author:

Treasurer of the States

Written Report :

Public or Exempt?

Public

Subject:

Authorisation of a grant of £50,000 to Community Savings Ltd.

Decision(s):

The Minister approved a grant of £50,000 to Community Savings Ltd from the Treasury and Resources revenue head of expenditure.

Reason(s) for decision:  

To enable the Treasurer of the States, as Accounting Officer for the Treasury and Resources Department, to award a grant of £50,000 to Community Savings Ltd from the Treasury and Resources revenue head of expenditure.

Resource Implications:

To enable the Treasurer of the States, as Accounting Officer for the Treasury and Resources Department, to award a grant of £50,000 to Community Savings Ltd from the Treasury and Resources revenue head of expenditure. This decision does not change the total amount of expenditure approved by the States.

Action required:

Head of Financial Management, Accounting and Reporting to progress the grant of £50,000 to Community Savings Ltd.

Signature:

 

 

 

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

 

Date Signed:

 

Date of Decision:

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