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Charities Law - Contingency Funding Request

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A decision made 28 October 2014:

Decision Reference: MD-TR-2014-0129

Decision Summary Title:

Charities Law - Contingency Funding Request

Date of Decision Summary:

24 October 2014

Decision Summary Author:

Finance Manager, Corporate Group

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Charities Law - Contingency Funding Request

Date of Written Report:

24 October 2014

Written Report Author:

Finance Manager, Corporate Group

Written Report :

Public or Exempt?

Public

Subject: Central Contingency (one-off) funding allocation to support the management costs of the Charities (Jersey) Law for 2014 the budget transfer to the Chief Minister’s Department (CMD).

Decision(s): The Minister approved the non-recurring budget transfer of £70,000 in 2014 from Central Contingency (one-off) as approved through P108/2014 – Draft Charities (Jersey) Law to support the management costs of the Charities (Jersey) Law.

Reason(s) for Decision: Article 17(2) of the Public Finances (Jersey) Law 2005 states that the Minister for Treasury and Resources is authorised to approve the transfer from contingency expenditure or the insurance fund of amounts not exceeding, in total, the amount available for contingency expenditure in a financial year.

 

The Council of Ministers in their meeting of the 26th June 2013 discussed the proposals for a 3-phased approach to the development of a Jersey Charities and a proportionate, supportive regulatory regime for charities and it was noted that the 2014 and 2015 management costs associated with the law and regulation were not included in the Medium Term Financial Plan (MTFP) 2013-2015 and that funding would need to be provided possibly from Central Contingency.

 

The States Assembly approved on the 18th July 2014 P.108/2014 – Draft Charities (Jersey) Law which included the Management costs (phase 1 of the Charities Law). The proposition stated the following: - “The management costs for the Charities Law are set out below. The costs for 2014 and 2015 will be met from contingency provisions (£307,000 for 2014 and £222,000 for 2015). Management costs for 2016 onwards will need to be included in the next MFTP planning process.

Resource Implications: The Chief Minister’s Department’s revenue head of expenditure to increase by £70,000 in 2014 and the Central Contingency (one-off) to decrease by an identical amount.  This decision does not change the total amount of expenditure approved by the States for the period of the current MTFP 2013 to 2015.

Action required: Business Manager to notify the Financial Performance Reporting Manager and the Finance Manager – Corporate Group that the decision has been approved.

Signature:

 

 

Position: Deputy E J Noel, Assistant Minister for Treasury and Resources

Date Signed:

 

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