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Companies (Amendment No. 11) (Jersey) Law 201-: Green Paper Consultation: Supplementary Response Paper

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.

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  • 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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 20 December 2013:

Decision Reference: MD-C-2013-0158

Decision Summary Title :

Supplemental Response paper to Amendment to the Companies (Jersey) Law 201- Green Paper Consultation

Date of Decision Summary:

 20th December 2013

Decision Summary Author:

 

Director,

Finance Industry Development

Decision Summary:

Public or Exempt?

 

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title :

Supplemental Response Paper regarding Companies Law Amendment No. 11

Date of Written Report:

17th December 2013

Written Report Author:

Director,

Finance Industry Development

Written Report :

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Subject: Supplemental Response Paper to the Companies (Amendment No, 11) (Jersey) Law 201- Green Paper Consultation

Decision(s): The Minister authorised the publication of the Supplementary Response Paper to the Green Paper consultation concerning the 11th set of proposed amendments to the Companies (Jersey) Law 1991 (“the Law”).

Reason(s) for Decision: Following a Green Paper seeking the views of the public over proposed amendments to the Law, the Minister for Economic Development published a summary of the responses to the consultation on 5 February 2013.  The responses led to further consultation on three of the amendments.  Subsequently, further written representations were received under a closed consultation process and further advice from external advisers was also sought.

 

This Supplemental Response Paper summarises the responses received during the further consultation and sets out the final position in respect of each of the three amendments.

Resource Implications: This decision has no additional financial or manpower implications for the States of Jersey.

Action required: The Supplementary Response Paper is to be approved and published by the Communications Unit.

Signature:

 

 

Position:

 

 

Deputy Chief Minister

Date Signed:

 

Date of Decision (If different from Date Signed):

 

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