Jersey Post: Approval of 2020 Strategic Business Plan

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A decision made on 26 July 2021

Decision Reference: MD-TR-2021-0089
Decision Summary Title:	Jersey Post – Approval of 2020 Strategic Business Plan		Date of Decision Summary:	26th July 2021
Decision Summary Author:	Head of Shareholder Relations		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Jersey Post - Approval of 2020 Strategic Business Plan		Date of Written Report:	26th July 2021
Written Report Author:	Head of Shareholder Relations		Written Report: Public or Exempt?	Exempt Articles 26 and 33
Subject: Jersey Post International Limited (“Jersey Post”) - Approval of 2020 Strategic Business Plan
Decision(s): The Assistant Minister for Treasury and Resources decided to approve the 2020 Strategic Business Plan of Jersey Post International Limited.
Reason(s) for Decision: In accordance with the Memorandum of Understanding between the States of Jersey, as Shareholder, and Jersey Post, Jersey Post is required to produce a periodic Strategic Business Plan (SBP) for approval by the Shareholder. A third-party assurance review of the SBP has been completed and has not identified any matter which raises risks which cannot be mitigated or addressed by Jersey Post and concludes that the SBP is supported, consistent, and contains a comprehensive and thorough five-year plan. The Assistant Minister for Treasury and Resources is approving the Strategic Business Plan pursuant to MD-TR-2020-0027 and R.31/2020, whereby certain functions were delegated to him by the Minister for Treasury and Resources, including the Minister’s responsibility in respect of certain companies in accordance with Article 53 of the Public Finances (Jersey) Law 2019.
Resource Implications: There are no additional resource implications, financial or manpower, as a result of this decision.
Action required: The Head of Financial Governance to inform the Head of Shareholder Relations that the Strategic Business Plan has been approved.
Signature:		Position: Deputy L Ash, Assistant Minister for Treasury and Resources
Date Signed:		Date of Decision: