Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

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

Agricultural Loans: Report: 31 December 2012

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.

An accurate record of “Ministerial Decisions” is vital to effective governance, including:

  • 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

Ministers are individually accountable to the States Assembly, including for the actions of the departments and agencies which discharge their responsibilities.

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 21 March 2012:

Decision Reference: MD-E-2012-0033

 

Decision Summary

Title :

 

Agricultural Loans – 31 December 2011 Report

Date of Decision Summary:

 

Decision Summary Author:

Senior Administrator

Decision Summary:

Public or Exempt?

(If Exempt state clauses from Code of Practice booklet)

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

 

Written Report

Title:

Agricultural Loans – 31 December 2011 Report

Date of Written

Report:

14 March 2012

Written Report  Author:

Senior Administrator

Written Report :

Public or Exempt?

(If Exempt State clauses from Code of Practice booklet)

Public

 

Subject: Agricultural Loans: to inform the Economic Development Minister for on the current situation with regard to Agricultural Loans.

Decision(s): The Minister noted the appended report on Agricultural Loans for the period ending 31st December 2011.

 

Reason(s) for decision: Required six monthly review.

 

Resource Implications: None

 

Action required: Director of Environmental Management and Rural Economy to send copies to the Finance Director and the Treasury and Resources Minister to note.

 

Signature: 

 

Position:

 

Minister

Date Signed:

 

Date of Decision:

 

Agricultural Loans: Report: 31 December 2012

ECONOMIC DEVELOPMENT MINISTRY 

 

Date:   15 March 2012

 

AGRICULTURAL LOANS – 31 December 2011 Report

 

INTRODUCTION

 

This report is to inform the Economic Development Minister on the current situation with regard to Agricultural Loans.

 

Current Status

 

 Table 1 - Agricultural Loan statistics as at 31 December 2011:

 

 

31/12/2009

31/12/2010

31/12/2011

Total number of ‘live’ loans

55

52

42

Total number of borrowers

36

34

30

Total amount outstanding

£2,035,635

£1,811,841

£1,422,145

Number of loans in arrears

7

5

6

Number of borrowers in arrears

4

3

4

Total amount of arrears

£76,935

£65,317

£63,840

 

 

Table 2 - Analysis of loans in arrears as at 31 December 2011:

 

 

Detail

No. of

Borrowers

No. of

loans

 

Amount of

arrears

Cases with agreed way forward

           3

5

£60,023

10 day notice

 1

1

      £  3,817

Total

4

6

£63,840

 

 

This shows an improvement on the same time last year, when the arrears were £65,317.

 

 

CONCLUSIONS AND RECOMMENDATIONS

 

The position with regard to the arrears has improved in the last year. We are continuing to reduce the small number who have long outstanding arrears, through continuing a dialogue and renegotiating the pay back period to enable more affordable levels of payment, making more use of standing order mandates.

 

The Economic Development Minister is invited to note the position.

 

 

Written by:     Senior Administrator

 

Approved by: Director

                      Environmental Management and Rural Economy

Back to top
rating button