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

Fuel: Marine and Aviation Market: Request to Jersey Competition Regulatory Authority (JCRA) to Examine and Report

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A decision made 21 March 2014:

Decision Reference:  MD-E-2014-0019

Decision Summary Title :

Request to the JCRA under Article 6(4) of the Competition Regulatory Authority (Jersey) Law 2001 to produce a report examining the marine & aviation fuel markets in Jersey

Date of Decision Summary:

13th March 2014

Decision Summary Author:

 

Strategic Development Officer

Decision Summary:

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

n/a

Written Report

Title :

Request by the Minister for Economic Development for the (JCRA) to produce a report examining the supply of marine & aviation fuel in Jersey under the authority of Article 6(4) of the Competition Regulatory Authority (Jersey) Law 2001

Date of Written Report:

13th March 2014

Written Report Author:

Strategic Development Officer

Written Report :

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Subject:

Article 6(4) request for the JCRA to examine and report on the market for marine & aviation fuel in Jersey.

 

Decision(s):

The Minister approves the attached Article 6(4) request to the JCRA.

 

Reason(s) for Decision:

The JCRA will undertake a review of the level of pricing of aviation & marine fuel in Jersey and in comparable jurisdictions to examine the reasons behind any variation in price, to assess the extent to which any such differences can be justified and to examine barriers to entry and to consider means to enhance competition.

 

In order to undertake a market study, the JCRA requires access to all relevant information. This request provides the JCRA with powers under Article 26(2) of the Competition (Jersey) Law 2005

 

Resource Implications:

The JCRA will meet the cost of the review from its own resources, so this decision will result in no resource implications. In the event that specific consultancy assistance is required, support for this specific cost may be sought by the JCRA. In this event, funding will be discussed.

 

Action required:

The attached request to be sent to the JCRA for its consideration.

 

Signature:  Senator A.J.H.Maclean

 

 

Position:  Minister

 

 

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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