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Howard Davis Farm Trust: Accounts 2017

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A decision made on 27 July 2018

Decision Reference:  MD-TR-2018-0101

Decision Summary Title:

Presentation to the States of the audited accounts of The Howard Davis Farm Trust for 2017

Date of Decision Summary:

23rd July 2018

Decision Summary Author:

Head of Decision Support

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Presentation to the States of the audited accounts of The Howard Davis Farm Trust for the period ending 31st December 2017

Date of Written Report:

23rd July 2018

Written Report Author:

Head of Financial Performance

Written Report :

Public or Exempt?

Public

Subject: Presentation to the States of the audited accounts of The Howard Davis Farm Trust for period ending 2017.

Decision(s): The Minister for Treasury and Resources decided to present to the States the audited accounts of The Howard Davis Farm Trust for the period ending 31st December 2017.

Reason(s) for decision: The Minister for Treasury and Resources approved the Constitution of “The Howard Davis Farm Trust” in MD-PH-2008-0098. The creation of the Trust was needed to receive a balance of the proceeds of any lease of Howard Davis Farm pursuant to Article 3 of the Howard Davis Farm (Abrogation of Covenant) (Jersey) Law 2008.

 

In the Constitution, Section 9, ‘Accountability to the States of Jersey’, stated that:

 

‘The Committee shall present annually to the Minister, for onward presentation to the States, the audited accounts of the Trust and a report of its activities.’

 

Resource Implications: There are no financial or manpower implications as a result of this decision.

Action required: The Head of Decision Support to notify the Head of Financial Performance once the decision has been approved.

The Greffier of the States is requested to present the attached report to the States and to hold electronic and hard copies of the Accounts at the States Greffe for distribution upon request.

Signature:

 

Position: Deputy S J Pinel,

Minister for Treasury and Resources

Date Signed:

 

Date of Decision:  

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