Dormant Bank Accounts (Jersey) Law 2017: Payment of Charity Commissioner Costs for 2023

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A decision made 18 December 2023:

Decision Reference: MD-CM-2023-866		Public
Subject: Dormant Bank Accounts (Jersey) Law 2017 – Payment of Charity Commissioner Costs for 2023
Report Title: WR Dormant Bank Accounts (Jersey) Law 2017 – Payment of Charity Commissioner Costs for 2023		Public
Decision(s): The Assistant Chief Minister with responsibility for Financial Services approved the payment of the costs of the Charity Commissioner for 2023 from the Jersey Reclaim Fund.
Reason for Decision(s): Details of the costs incurred by the Charity Commissioner for the calendar year 2023 have been provided with confirmation that those costs have been reasonably incurred. The total sum is £236,216 (two hundred and thirty six thousand, two hundred and sixteen pounds). The costs are to be paid from the Jersey Reclaim Fund pursuant to the provisions of Article 20 of the Dormant Bank Accounts (Jersey) Law 2017 and the Dormant Bank Accounts (Distribution of Fund Money) (Jersey) Order 2021. Recognising a potential for a conflict of interest in this decision by virtue of the Chief Minister and Assistant Minister holding responsibility also for the Charities (Jersey) Law 2014, and thus holding ministerial responsibility as payer and payee, approval has been sought from the Minister for Treasury and Resources who was in agreement that this payment should be approved and made. There are no resource implications for the Government of Jersey as a result of this decision, although it should be noted that no further investment return will now be earned on these funds.
Resource Implications: There are no new financial and/or manpower implications, although it should be noted that no further investment return will now be earned on these funds.
Action Required: Department to take necessary action.
Signature:	Signed By: Deputy Elaine Millar
Date Signed:	Date of Decision (If different from Date Signed):