Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Approval of Drafts: Foundations (Winding Up) (Jersey) Regulations 200- and Foundations (Mergers) (Jersey) Regulations 200-

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

An accurate record of “Ministerial Decisions” is vital to effective governance, including:

  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

  • providing a record of decisions and actions that will be available for examination by States Members, and Panels and Committees of the States Assembly; the public, organisations, and the media; and as a historical record and point of reference for the conduct of public affairs

Ministers are individually accountable to the States Assembly, including for the actions of the departments and agencies which discharge their responsibilities.

The Freedom of Information Law (Jersey) Law 2011 is used as a guide when determining what information is be published. While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.

A decision made (05/10/2009) regarding: Approval of Drafts: Foundations (Winding Up) (Jersey) Regulations 200- and Foundations (Mergers) (Jersey) Regulations 200-.

Decision Reference:  MD-E-2009-0182 

Decision Summary Title :

Foundations (Winding Up) (Jersey) Regulations 200- and Foundations (Mergers) (Jersey) Regulations 200-

Date of Decision Summary:

2 October 2009

Decision Summary Author:

Finance Industry Development Executive

Decision Summary:

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

 

Written Report

Title :

Foundations (Winding Up) (Jersey) Regulations 200- and Foundations (Mergers) (Jersey) Regulations 200-

Date of Written Report:

2 October 2009

Written Report Author:

Finance Industry Development Executive

Written Report :

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Subject:  

Approval of the draft Foundations (Winding Up) (Jersey) Regulations 200- (“the Winding Up Regulations”) and draft Foundations (Mergers) (Jersey) Regulations 200- (“the Mergers Regulations”)

Decision(s):

The Minister approved the lodging of the following draft regulations: 

  • The draft Foundations (Winding Up) (Jersey) Regulations 200- (“the Winding Up Regulations”)

 

  • The draft Foundations (Mergers) (Jersey) Regulations 200- (“the Mergers Regulations”)

Reason(s) for Decision:

The Foundations (Jersey) Law 2009 (“the Law”) provides for the States to make regulations for the winding up of foundations.  The Winding Up Regulations make such provision. 

The Law also provides for the States to make regulations for the merger of foundations.  The Mergers Regulations make such provision.

Resource Implications:

There are no measurable financial or manpower costs for the States associated with the Winding Up Regulations.  The Royal Court will have costs associated with dealing with various applications under the regulations and in particular with winding up petitions under Part IV, but these costs will be off-set by the charging of court fees. 

There are no measurable financial or manpower costs for the States associated with the Mergers Regulations.  The Commission and the registrar will have costs associated with considering proposed mergers for approval but these costs will be passed on to those seeking to merge.

Action required:

To approve the Winding Up Regulations and the Mergers Regulations and the attached reports and for the documents to be lodged au Greffe so as to allow the Winding Up Regulations and the Mergers Regulations to be debated by the States on 17 November 2009.

Signature:  Senator A.J.H.Maclean 

Position: Minister for Economic Development

Date Signed: 

Date of Decision (If different from Date Signed): 

Back to top
rating button