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Public Finances (Amendment No. 3) (Jersey) Law 201-: Lodging of Draft

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.

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A decision made 2 June 2011:

Decision Reference:  MD-TR-2011-0059

Decision Summary Title:

Public Finances (Amendment No.3) (Jersey) Law 201-

Date of Decision Summary:

25th May 2011

Decision Summary Author:

Treasurer of the States

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Public Finances (Amendment No.3) (Jersey) Law 201-

Date of Written Report:

25th May 2011

Written Report Author:

Head of Financial Planning

Written Report :

Public or Exempt?

Public

Subject: Lodging of the Draft Public Finances (Amendment No.3) (Jersey) Law.

Decision(s):  The Minister decided to lodge ‘au Greffe’ the Draft Public Finances (Amendment No.3) (Jersey) Law 201- which seeks to establish a Medium Term Financial Planning Framework whereby the overall tax and spending limits are set for the term of a States Assembly or Council of Ministers as well as changes to the remit of the Comptroller and Auditor General as previously agreed by the States in P54/2009.

Reason(s) for Decision:  To enable the Draft Public Finances (Amendment No.3) (Jersey) Law 201- to be lodged ‘au Greffe’ with a request for debate in the States sitting at the earliest opportunity. The purpose of the amendment is to introduce new arrangements for setting a medium term financial plan and annual budgets.

Resource Implications:  There are no financial or manpower implications associated with this decision.  

Action required:  Forward the Draft Public Finances (Amendment No.3) (Jersey) Law 201- and associated report to the Greffier of the States and request that the projet be lodged ‘au Greffe’ for consideration by the States at the earliest opportunity.

Signature:

 

 

 

 

Position: Senator  P F C Ozouf, Minister for Treasury and Resources

 

                 

 

Date Signed:

 

Date of Decision:

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