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Deferment of final payment if respect of the sale of Caledonia Close

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 (26.06.06) to defer the final payment in respect of the sale of Caledonia Close.

Subject:

Deferment of Final Payment in Respect of the Sale of Caledonia Close

Decision Reference:

MD-TR-2006-0080

Exempt clause(s):

n/a

Type of Report: (oral or written)

Written

Person Giving Report (if oral):

n/a

Telephone or

e-mail Meeting?

n/a

Report

File ref:

RF/01/26/06/06

Written Report –

Title

Deferment of final payment due in respect of the sale

Of Caledonia Close, St Helier, to The Royal Yacht Group Limited

Written report - author

Ray. Foster – Head of Corporate Capital

Decision(s):

The Minister for Treasury and Resources supports the deferment of the final payment due from the Royal Yacht Group Limited on the approved terms.

Reason(s) for decision:

The extension is for a short period and the proposed interest charge adequately recompenses for the delay in the final payment.

Action required:

Inform Housing Department of decision.

Signature:

(Minister/ Assistant Minister)

Date of Decision:

 

 

 

 

 

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