States of Jersey Development Company dividends (FOI)

Request

From the time that the States of Jersey Development Company (SoJDC) was formed, can you tell me, for each year of SoJDC's existence to the current date, exactly how much money, in each calendar year, has been transferred to the States Treasury from the profits made by the SoJDC. I appreciate that SoJDC does not fall within the FOI law but the Treasury does.

Response

Dividends paid by the States of Jersey Development Company (SoJDC) to its sole shareholder, the States of Jersey, are declared in SoJDC’s annual report and accounts.

Each annual report is published on the States Assembly website:

States Assembly: Reports

Article 23 (Accessible by other means) of the Freedom of Information (Jersey) Law 2011 has therefore been applied to this request.

Article applied

Article 23 Information accessible to applicant by other means

(1) Information is absolutely exempt information if it is reasonably available to the applicant, otherwise than under this Law, whether or not free of charge.

(2) A scheduled public authority that refuses an application for information on this ground must make reasonable efforts to inform the applicant where the applicant may obtain the information.