Reason(s) for Decision:
Article 18(1A) of the Public Finances (Jersey) Law 2005 states that all or any part of the amount appropriated by a head of expenditure may, with the approval of the Minister for Treasury and Resources, be transferred from the head of expenditure to contingency expenditure, within or after the end of the relevant financial year.
Article 17(2) of the Public Finances (Jersey) Law 2005 states that the Minister for Treasury and Resources is authorised to approve the transfer from contingency expenditure of amounts not exceeding, in total, the amount available for contingency expenditure in a financial year.
The current Contingency Allocation Policy (published as R.110/2017) sets the requirement for all allocations from Contingency over £100,000 to be considered by the Council of Ministers prior to submission to the Minister for approval.
At its meeting on 6th September 2017, the Council of Ministers approved funding in 2018 of up to a maximum of £1.5 million and also up to a further £1.5 million in 2019 from Central Contingency to Jersey Property Holdings to meet the costs associated with the demolition of the Fort Regent Swimming Pool building.
Ministerial Decision, MD-T-2017-0101 was signed by the Minister for Infrastructure on 5th December 2017.