Deferment of payment of balance due for Caledonia Close

Information about the publication of Ministerial Decisions

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 (23.06.06) to approve the deferment of payment of the balance due in respect of sale of Caledonia Close.

Ministerial Decision

Subject:	Deferment of Payment of the Balance Due in Respect of Sale of Caledonia Close to the Royal Yacht Group Limited
Decision Reference:	MD-H-2006-0039		Exempt clause(s):	n/a
Type of Report: (oral or written)	Written		Person Giving Report (if oral):
Telephone or e-mail Meeting?			Report File ref:	WR- Deferment of Payment on Caledonia Balance 19-6-06
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 (name and job title)	Carl B Mavity – Director of Estate Services
Decision(s): The approval of the deferment of the payment by the Royal Yacht Group Ltd of the balance due in respect of the sale of Caledonia Close, St. Helier until 30th September 2006, on the following conditions:- 1. That the outstanding amount shall accrue interest at the rate of 2% above the Bank of England base rate (presently 4.5%); and, 2. That no further deferment will be entertained and payment in full, of the balance of £585,000 plus the interest accrued will be made on or before 30th September 2006.
Reason(s) for decision: To permit the completion of works.
Action required: Copy of decision to be forwarded to the Treasury & Resources Minister for action.
Signature: (Minister)		Date of Decision: 23 June 2006