Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:

  • gov.je

    Update your notification preferences

  • one.gov.je

    Access government services

  • CAESAR

    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

Jersey Electricity PLC: 2022 Annual General Meeting voting instructions

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 on 25 February 2022

Decision Reference:  MD-TR-2022-122

Public

Subject: Jersey Electricity PLC - 2022 Annual General Meeting voting instructions

 

Report Title: Jersey Electricity PLC - 2022 Annual General Meeting voting instructions

Public

Decision(s):

The Minister approved the resolutions put forward for the Jersey Electricity (JEC) PLC Annual General Meeting (AGM) on 3rd March 2022.

Reason for Decision(s):

The States of Jersey is holder of all of the Ordinary 5p shares which amounts to 62% of the ordinary share capital of the JEC. This represents 86.4% of the total voting rights. The Directors of the company have proposed 11 Ordinary resolutions to be considered at the AGM, which are outlined in the accompanying report and in the Notice of the Annual General Meeting and Form of Proxy (Appendix A). Ministerial approval of the resolutions is required.

Resource Implications: none.

 

Action Required: Head of Financial Governance to inform the Head of Shareholder Relations that this decision has been approved.  Head of Shareholder relations to arrange for the Treasurer of the States and the Greffier of the States to sign the Form of Proxy in accordance with this decision.

Signature:

 

 

 

Signed By: Assistant Minister for Treasury and Resources

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

Back to top
rating button