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Jersey Finance Limited: Matched Funding (P126/2010): Ministerial Comment

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A decision made on 18 October 2010 regarding ministerial comment to proposition: Jersey Finance Limited: Matched Funding (P126/2010)

Decision Reference: MD-E-2010-0164

Decision Summary Title :

Comment on P126/2010: Jersey Finance Limited: Matched Funding

Date of Decision Summary:

October 2010

Decision Summary Author:

Assistant, Finance Industry Development

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Oral

Person Giving

Oral Report:

Assistant, Finance Industry Development

Written Report

Title :

n/a

Date of Written Report:

n/a

Written Report Author:

n/a

Written Report :

Public or Exempt?

n/a

Subject: 

Jersey Finance Limited:  Matched Funding (P.126/2010) - comment

Decision(s):  

The Minister approved the Comment on P126/2010: Jersey Finance Limited: Matched Funding

Reason(s) for Decision: 

P126/2010 requests the States to express support for the principle of matched funding for Jersey Finance Limited and requests the Minister for Economic Development to apply that principle to the 2012 grant to the company.  As the Minister with responsibility for financial services, the Economic Development Minister opposes the Proposition and wishes to lodge a Comment on P126/2010.

Resource Implications: 

There are no resource or manpower implications for the States of Jersey.

Action required: 

The Comment to be forwarded to the Greffier of the States for presentation to the States.

Signature: 

Position: 

Minister for Economic Development

Date Signed: 

Date of Decision (If different from Date Signed): 

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