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

Royal Yacht Hotel - Al Fresco Area, St. Helier: Assignment of Lease

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 5 January 2017:

Decision Reference:  MD-TR-2018-0004

Decision Summary Title:

Assignment of a long lease (sale) of the Royal Yacht Al Fresco area by SoJDC.

Date of Decision Summary:

3rd January 2018

Decision Summary Author:

Head of Shareholder Relations

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Assignment of a long lease (sale) of the Royal Yacht Al Fresco area by SoJDC.

Date of Written Report:

3rd January 2018

Written Report Author:

Head of Shareholder Relations

Written Report :

Public or Exempt?

Public

Subject:

Shareholder approval for the States of Jersey Development Company (“SoJDC”) to vary the existing head lease to cover the Al Fresco area of the Royal Yacht Hotel only, assign this lease to the potential purchaser for £975,000 and for a new head lease to be put in place for the remainder of Weighbridge Square that was previously in the original head lease before it was varied.

Decision(s):

The Assistant Minister approved that SoJDC:-

 

  1. May vary the head lease for Weighbridge Square to include the Royal Yacht Al Fresco land only;
  2. Assign the varied lease to the new purchaser for £975,000; and
  3. Put in place a new head lease between the Public and SoJDC for the remaining land at Weighbridge Square that was previously included in the head lease before it was varied.

 

 This decision is subject to there being no objections after the 15 day “grace” period required under P.73/2010 in order to allow for sufficient transparency and scrutiny.

Reason(s) for Decision:

The Assistant Minister’s approval is in accordance with Section 13.1 of SoJDC’s Memorandum of Understanding and the requirements in Section 12 of P.73/2010.

 

In accordance with the desire of the SoJDC Board to sell various investment properties which sit outside of the Company’s core business and which would be used to support cash-flowing the Company’s core development activities.

 

 

Resource Implications:

There are no financial consequences for the States of Jersey.

Action required:

In accordance with Section 12 of P.73/2010, this decision will not take effect for 15 days from the date of signing.

Signature:

 

Position: Connetable JM Refault

Assistant Minister for Treasury and Resources

 

Date Signed:

Date of Decision:

 

Back to top
rating button