Jersey Development Company (FOI)

​Request

I note that the AGM of the SOJDC took place on 25 April 2016. I note that SOJDC gave notice on 15th March that this meeting would take place.

A

Can you please advise where this notice was published?

B

I also note that the SOJDC was formed to replace the old WEB, with a revised remit.

Can you please advise what that revision was and where that was notified to the public?

C

The ministerial decision states that it was recommended that the Greffier of the States and the Treasurer of the States should vote in favour of the resolutions to be put before the AGM.

What were those recommendations?

D

I note that the audited financial statements for year ended Dec 2015, report of the directors of SOJDC and the annual review were all presented to the shareholders.

Can you advise where this public information is recorded for view public viewing please?

E

Can you please advise if taxpayers are able to attend this meeting and how one goes about securing a seat to attend?

Response

The response will be answered as the questions are set out in the request.

A

The notice was sent direct to shareholders in accordance with the articles of association of the company.

B

The revision is set out in P.73/2010: Property and Infrastructure Regeneration: The States of Jersey Development Company Limited, as approved by the States Assembly.

View the revision set out in p73/2010

C

The recommendation is set out in the report attached to the ministerial decision MD-TR-2014-0034.

View the recommendation set out in the ministerial decision

D

Now that the Annual Report & Consolidated Financial Statements for the year ended 31 December 2015 have been received at the company’s annual general meeting and have been presented to the States Assembly for information on 13 May 2016, the document is available for public viewing through the reports section of the States Assembly website.

View the annual report and financial statements

E

The annual general meeting is attended by shareholders and is not a public meeting.