Balance of ring-fenced funds (FOI)Balance of ring-fenced funds (FOI)
Produced by the Freedom of Information officeAuthored by Government of Jersey and published on
20 May 2019.Prepared internally, no external costs.
Request
I request the sterling balance of the following ring-fenced funds, as at 31 December 2018:
A
Health Insurance (Medical Benefit) (General Provisions) (Jersey) Order 1967, as amended on 1 October 2018.
B
Medicines (Jersey) Law 1995, revised edition 2.625, 1 January 2018.
Response
A
The information requested is publicly available on page 285 of the Annual Report and Accounts of the States of Jersey which can be found in the following link:
Annual Report and Accounts 2018
For ease, it is confirmed that the net asset balance quoted in the Report as at the end of 2018 was £93,979,000.
B
The Medicines (Jersey) Law 1995 is “a law to make provision with respect to medicinal products and related matters and for purposes connected therewith”. There is no reference to a specific ring-fenced fund being set up by this legislation.
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.
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