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The GST legislation – amendments to the Amendment Law mainly involving Part 12 (covering treatment of the Financial Services Industry (FSI) and in particular International Services Entities).

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.

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A decision made (26/02/2008) The GST legislation – amendments to the Amendment Law mainly involving Part 12 (covering treatment of the Financial Services Industry (FSI) and in particular International Services Entities).

Decision Reference: MD-TR-2008-032 (replaces MD-TR-2008-0029)

Decision Summary Title:

Goods and Services Tax – Legislation – Amendments to the Law

Date of Decision Summary:

25th February, 2008

Decision Summary Author:

Steve Lowthorpe – Director GST (Income Tax)

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

Steve Lowthorpe – Director GST (Income Tax)

Written Report

Title:

Goods and Services Tax  (Amendment) (Jersey) Law 200-(P.17/2008): Amendments

Date of Written Report:

25th February, 2008

Written Report Author:

Steve Lowthorpe – Director GST (Income Tax)

Written Report :

Public or Exempt?

Public

Subject:

The GST legislation – amendments to the Amendment Law mainly involving Part 12 (covering treatment of the Financial Services Industry (FSI) and in particular International Services Entities).

Decision(s):

The Minister approved the draft Goods and Services Tax (Amendment) (Jersey) Law 200- (P.17/2008): Amendments and asked that they be lodged ‘au Greffe’ on 26th February 2008.

Reason(s) for Decision:

To complete the supporting legal framework and present the law covering the treatment of Financial Services Industry under the GST system (which will be implemented as from 1st May 2008) in a way that achieves the policy objectives but is easier to understand.    

Please note that this decision replaces MD-TR-2008-0029 which has been rescinded – decision should have been ‘public’ not ‘exempt’

Resource Implications:

None

Action required:

Send report and amendments to the Publications Editor at the Greffe.

Signature: 
 
 

Position: Senator Le Sueur, Minister for Treasury & Resources 
 
 

Date Signed: 29 February 2008

Date of Decision:

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