Social Security Reserve Fund - transaction, date and priceSocial Security Reserve Fund - transaction, date and price
Produced by the Freedom of Information officeAuthored by Employment, Social Security and Housing and published on
17 September 2025.Prepared internally, no external costs.
Request 747375217
On social media (Facebook) Deputy Mezec, the Housing Minister, stated that "the old Government offices in La Motte Steet" had been acquired by the Social Security Fund / Reserve Fund and was now held by the Social Security Reserve Fund as an investment. Please give full details of this transaction including date, price, authorisation, and valuation details. It is assumed Deputy Mezec was referring to the old Social Security building, but information on any assets located on La Motte Street would be appreciated.
Response
Details of the property transactions related to the Social Security Fund are set below. The purchaser in each case was the ‘Public of the Island’, using the Social Security Fund. The buildings are assets of the Social Security Fund, and upon sale, proceeds would return to the Social Security Fund.
| Address | Purchaser | Purchase Date | Purchase Price | Authorised By | Valuation Details |
30 La Motte Street (Philip Le Feuvre House) | Public of the Island | 9 January 1976 | £150,000 | Social Security Committee and a States Assembly decision | Records not held |
32 La Motte Street (Philip Le Feuvre House) | Public of the Island | 17 April 1948 | £10,000 | Records not held | Records not held |
| 28 La Motte Street (Huguenot House) | Public of the Island | 5 March 1982 | £65,000 | Social Security Committee and a States Assembly decision | Records not held
|
In accordance with Article 3 of the Freedom of Information (Jersey) Law 2011, we confirm that no recorded information is held where the table states “Records not held."
Article applied
Article 3 - Meaning of “information held by a public authority”
For the purposes of this Law, information is held by a public authority if –
(a) it is held by the authority, otherwise than on behalf of another person; or
(b) it is held by another person on behalf of the authority.
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