Jersey Competition Regulatory Authority: Chief Executive Board Appointment and Remuneration

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A decision made 14 August 2020:

Decision Reference: MD-E-2020-0034
Decision Summary Title	Jersey Competition Regulatory Authority: Chief Executive Board Appointment and Remuneration	Date of Decision Summary	12 August 2020
Decision Summary author	Competition Policy Advisor	Decision Summary: Public or exempt?	Public
Written Report title	Jersey Competition Regulatory Authority: Chief Executive Board Appointment and Remuneration	Date of Written Report	12 August 2020
Written Report author	Competition Policy Advisor	Written Report: Public or exempt?	Public (Board appointment) Exempt under FoI Articles 25 & 26 (remuneration)
Subject: Jersey Competition Regulatory Authority: Chief Executive Board Appointment and Remuneration Approval
Decision: The Minister for Economic Development, Tourism, Sport and Culture (the “Minister”) appointed Mr Tim Ringsdore to the Board of the Jersey Competition Regulatory Authority (“JCRA”) under powers conferred by Article 3(1)(b) of the Competition Regulatory Authority (Jersey) Law 2001 (the “Law”). The appointment is effective from 12 August 2020 and will expire on 31 December 2020. The appointment is also subject to Mr Ringsdore’s ongoing tenure as Chief Executive of the Authority. The Minister agreed to notify the States of the appointment in accordance with Article 3(3A) of the Law. Also, in accordance with Article 5(1)(a) of the Law, the Minister approved the Chief Executive’s remuneration package paid by the JCRA, which totals £157,125 per annum.
Reasons for Decision: In accordance with Article 3(1)(b) of the Law, the Minister made the appointment after having first discussed it with the Chair of the JCRA. The Minister must notify the States of the appointment under Article 3(3A) of the Law. Mr Ringsdore will be eligible for reappointment. Any reappointment will be subject to the procedure as described in the Law, which requires the Minster to consult the Chair prior to making the appointment.
Resource Implications: Fees payable to JCRA Board members are sourced from the annual grant made to the JCRA to administer the Competition (Jersey) Law 2005 (core grant of £300,000 in 2020) as well as from the JCRA’s own accounts. There are no other financial or manpower implications for the Government.
Action required: The Greffier of the States is requested to arrange for the attached report to be presented to the States as a report in the ‘R’ series to inform members of the appointment of Mr Ringsdore in accordance with Article 3 of the Law.
Signature: Senator Lyndon Farnham		Position: Minister for Economic Development, Tourism, Sport and Culture
Date signed:		Date of Decision (If different)