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

Wireless Telegraphy Licence Fees received in 2009 - Request for Approval to Spend Additional Income

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A decision made (10/09/2009) regarding: Request for approval to spend additional income from Wireless Telegraphy Licence Fees received in 2009.

Decision Reference:  MD-E-2009-0162 

Decision Summary Title:

Additional income for the Economic Development Dept from Wireless Telegraphy Licence Fees

Date of Decision Summary:

8th September 2009

Decision Summary Author:

Loretta Outhwaite

Finance Director: Corporate Group

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Wireless Telegraphy Licence Fees

Date of Written Report:

8th September 2009

Written Report Author:

Loretta Outhwaite

Finance Director: Corporate Group

Written Report :

Public or Exempt?

Public

Subject:

Approval to spend additional income from wireless telegraphy licence fees received in 2009.

Decision(s):

The Economic Development Minister requested that the Treasury and Resources Minister approve the Department’s request to spend £360,527 additional licence fee income on supporting pressures arising in response to the global financial crisis.

Reason(s) for Decision:  Under Financial Direction 3.6 “Variations to Heads of Expenditure”, any spend against additional surplus income of more than 10% of estimated income, has to be approved by the Treasury and Resources Minister.

Resource Implications: None, as additional income matches additional expenditure.

Action required:

Finance Director, Corporate Group to request that Corporate Finance (Treasury) actions the necessary Ministerial Decision to seek the Treasury & Resources Minister’s approval.

Signature: 
 
 

Senator  A J Maclean

Position:  

                   

Minister for Economic Development

Date Signed:

Date of Decision:

Wireless Telegraphy Licence Fees received in 2009 - Request for Approval to Spend Additional Income

Economic development MINISTER  

Wireless telegraphy licence fees

 

  1. Purpose of Report

To seek permission to spend additional income of £360,527 received from Ofcom, in relation to wireless telegraphy licence fees.  

  1. Background

Ofcom in the UK collects the wireless telegraphy licence fees on behalf of Jersey. 

Every five years they pass over to the Regulatory Services Department (Economic Development Department) the income they have collected over the previous five years, less their administration costs. 

The remaining income is to cover the Regulatory Services Department costs of administering the scheme, including any necessary changes to Jersey legislation. 

  1. Comments

The timing and amount for the payment to Regulatory Services was not known when the 2009 Business Plan budget was agreed. Consequently, an income budget was not included. 

The payment received by Regulatory Services in 2009 was £360,527.  

The Economic Development Department seeks approval to spend this additional income on supporting pressures arising in response to the global financial crisis and its implications for Jersey:

  • £160,527 to fund initiatives to support the Finance Industry Sector (including MD-E-2009-0130 & MD-E-2009-0108).
  • £200,000 towards Tourism’s tactical marketing campaign.

   

  1. Recommendation

To support the States’ response to global financial crisis and its implication for Jersey, it is recommended that the Economic Development Minister seeks the Treasury and Resources Minister’s approval of the Department’s request to spend its additional income of £360,527.  
 

  1. Reason for Decision

Under Financial Direction 3.6 “Variations of Heads of Expenditure”, any spend against additional surplus income of more than 10% of estimated income, has to be approved by the Treasury and Resources Minister.  
 

Loretta Outhwaite

Finance Director: Corporate Group

07.09.09

 

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