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Registry (Jersey) Law 201-: Law draftaing 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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 28 August 2018:

MINISTERIAL DECISION REFERENCE

MD-C-2018-0135

DECISION SUMMARY TITLE

Law Drafting Instructions: Registry (Jersey) Law 201-

DECISION SUMMARY AUTHOR

Lead Policy Adviser, Banking & Corporate, Financial Services & Digital Economy

IS THE DECISION SUMMARY PUBLIC OR EXEMPT?  

Public

REPORT TITLE

N/A

REPORT AUTHOR OR NAME OF PERSON GIVING REPORT

N/A

IS THE REPORT PUBLIC OR EXEMPT?

N/A

DECISION AND REASON FOR THE DECISION

The Chief Minister approved the submission of law drafting instructions for the creation of a new Registry (Jersey) Law 201- (Law). Without limitation it is intended that the Law will:

  1. clarify the position of Registrar of entities, the existence and function of the Registry and the liability of the Registrar and the Registry;
  2. consolidate into one statute the filing obligations of all entities and limited partnerships in respect legal ownership information, beneficial ownership information, and accounting records;
  3. create a central register of directors and officers;
  4. clarify the powers that currently exist under the Control of Borrowing (Jersey) Order 1958;
  5. clarify the powers of the Registrar in relation to conditions that may be placed on the incorporation or registration of legal entities, particularly in relation to the Sound Business Practice Policy;
  6. provide enhanced enforcement powers to the Registrar to issue summary civil penalties to entities for failure to file and enhanced strike-off powers when it is in the public interest to do so; and
  7. make other miscellaneous amendments to existing law to increase transparency and improve efficiency particularly in light of ongoing technological developments.

 

The Law will be subject to public consultation before it is brought before the States Assembly.

 

RESOURCE IMPLICATIONS

Law drafting time will be required. There are no other resource implications for the States of Jersey.

ACTION REQUIRED

Law drafting instructions be submitted by the Lead Policy Adviser | Banking & Corporate to the law draftsman.

SIGNATURE

 

 

SENATOR JOHN LE FONDRE

POSITION

 

 

CHIEF MINISTER OF JERSEY

DATE SIGNED

EFFECTIVE IMMEDIATELY

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