Jersey Finance: Third Office: Approval of funds to assist with opening and operating

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A decision made 23 June 2011 regarding:

Decision Reference: MD-E-2011-0097
Decision Summary Title :	Approval of funds to assist Jersey Finance with the establishment of a third office.		Date of Decision Summary:	20 June 2011
Decision Summary Author:	Assistant Director		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Oral		Person Giving Oral Report:	Assistant Director
Written Report Title :	n/a		Date of Written Report:	n/a
Written Report Author:	n/a		Written Report : Public or Exempt?	n/a
Subject: Approval of funds to assist with the opening and operating of a third Jersey Finance office.
Decision(s): The Minister approved the grant of £65,000 to be used to assist in the additional costs associated with the establishment of a third Jersey Finance office.
Reason(s) for Decision: Delays in obtaining the approval for the funding of the third office led to an increase in the set up costs.
Resource Implications: £65,000 from the EDD budget.
Action required: The Assistant Director to arrange the transfer of the funds to Jersey Finance.
Signature: Senator AJ Maclean		Position: Minister for Economic Development
Date Signed:		Date of Decision (If different from Date Signed):