Dormant Bank Accounts (Jersey) Law 2017: Payment of Charity Commissioner Costs for 2021

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A decision made on 16 December 2021

MINISTERIAL DECISION REFERENCE: MD-ER-2021-0070
DECISION SUMMARY TITLE: Dormant Bank Accounts (Jersey) Law 2017 – Payment of Charity Commissioner Costs for 2021
DECISION SUMMARY AUTHOR:	Associate Director, Financial Services	IS THE DECISION SUMMARY PUBLIC OR EXEMPT?		Public
REPORT TITLE: Dormant Bank Accounts (Jersey) Law 2017 – Payment of Charity Commissioner Costs for 2021
REPORT AUTHOR OR NAME OF PERSON GIVING REPORT:	Associate Director, Financial Services	IS THE REPORT PUBLIC OR EXEMPT		Public
DECISION AND REASON FOR THE DECISION: The Minister for External Relations and Financial Services, having been provided with detail of the costs incurred by the Charity Commissioner for the calendar year 2021 and advice that those costs had been properly incurred, approved the payment of £208,000 (two hundred and eight thousand pounds) from the Jersey Reclaim Fund in respect of the said costs of the Charity Commissioner for the year 2021, 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 Minister holding responsibility also for the Charities (Jersey) Law 2014, and thus holding Ministerial Responsibility as payer and payee, the Minister sought the approval of the Minister for Treasury and Resources who was in agreement that this payment should be approved and made.
RESOURCE IMPLICATIONS: 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.
ACTION REQUIRED: The Associate Director, Financial Services is to give notice to the Head of Treasury and Investment Management to make the relevant transfers from the Jersey Reclaim Fund as are required to satisfy these costs and to amend the records accordingly.
SIGNATURE: SENATOR IAN GORST			POSITION: MINISTER FOR EXTERNAL RELATIONS AND FINANCIAL SERVICES

DATE SIGNED:			EFFECTIVE DATE OF THE DECISION (if different)