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Presentation of States Investment Strategy.

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 (09/07/2009) regarding: Presentation of States Investment Strategy.

Decision Reference:  MD-TR-2009-0117

Decision Summary Title:

Presentation of The States Investment Strategy

Date of Decision Summary:

7 July 2009

Decision Summary Author:

Dawn Rabet

Strategic Investments Manager, Treasury

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

States Investment Strategies

Date of Written Report:

7 July 2009

Written Report Author:

Dawn Rabet

Strategic Investments Manager, Treasury

Written Report :

Public or Exempt?

Public

Subject:

States Investment Strategies: approval of report for presentation to the States.

Decision(s):

The Minister for Treasury and Resources approved the report entitled, ‘States Investment Strategies’ and requested that it be presented to the States forthwith.

Reason(s) for Decision:  

To inform the States of the Minister’s current strategy for investing States funds

Resource Implications:

None, other than that indicated in the attached report.

Action required:  

Strategic Investments Manager to forward the Investment Strategy to the Greffier for presentation to the States.

Signature: 
 
 

Position:

Senator P F C Ozouf,

Minister for Treasury and Resources

               

Date Signed:

Date of Decision:

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