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Decimal Currency (Amendment No. 7) (Jersey) Law 201-

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.

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A decision made 5 September 2011:

Decision Reference: MD-TR-2011-0110

Decision Summary Title:

Decimal Currency (Amendment No 7) (Jersey) Law 201-

Date of Decision Summary:

18 August 2011

Decision Summary Author:

Deputy 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:

Decimal Currency (Amendment No 7) (Jersey) Law 201-

Date of Written Report:

18 August 2011

Written Report Author:

Assistant Accountant - Treasury Operations

Written Report :

Public or Exempt?

Public

Subject:   Lodge au Greffe Decimal Currency (Amendment No 7) (Jersey) Law 201- to add nickel plated steel coins to the list of coins that are legal tender in Jersey and also to amend Article 4 of the principal Law to allow the Minister to specify by Order the coins issued under UK or Jersey legislation that are legal tender in Jersey.

Decision(s):  The Minister approved the Decimal Currency (Amendment No. 7) (Jersey) Law 201- and the accompanying report for lodging ‘au Greffe’ with a request for debate at the earliest opportunity.

Reason(s) for Decision:  To enable the Decimal Currency (Amendment No. 7) (Jersey) Law 201-and the accompanying report to be lodged ‘au Greffe’ with a request for debate at the earliest opportunity.

Resource Implications: The conversion of the 5 and 10 pence coins from cupro-nickel to nickel plated steel will result in significant savings which are detailed in the attached report.

Action required:  Forward the Decimal Currency (Amendment No.7) (Jersey) Law 201- and the accompanying report to the Greffier of the States and request that the projets be lodged ‘au Greffe’ for consideration by the States at the earliest opportunity.

Signature:

 

 

 

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

                 

 

Date Signed:

 

Date of Decision:

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