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Jersey Harbours: Use of Trading Fund

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 on 19 April 2011:

Decision Reference:  MD-TR-2011-0018

Decision Summary Title:

Jersey Harbours - Use of Trading Fund and the Creation of a New Capital Head of Expenditure

Date of Decision Summary:

12th April 2011

Decision Summary Author:

Head of Decision Support

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Jersey Harbours - Use of Trading Fund and the Creation of a New Capital Head of Expenditure

Date of Written Report:

12th April 2011

Written Report Author:

Decision Support Officer

Written Report :

Public or Exempt?

Exempt 3.2.1 (a) (x)

Subject: Budget transfer from the Jersey Harbours Trading Fund into a new Jersey Harbours capital head of expenditure.

Decision(s): The Minister for Treasury and Resources approved a budget transfer in 2011 of £590,000 from the Jersey Harbours Trading Fund into a new Jersey Harbours capital head of expenditure.

Reason(s) for Decision:  Regulation 22 (3) of the Public Finances (Transitional Provisions) (No. 2) (Jersey) Regulations 2005 states that money standing to the credit of the trading fund of a States trading operation may also be used, with approval of the Minister [for Treasury and Resources], for a purpose other than one approved as part of an annual business plan if expenditure for the purpose is necessary or expedient to advance the business of the trading operation.

Resource Implications: The balance of the Jersey Harbours Trading Fund to decrease by £590,000 in 2011 and a new Jersey Harbours capital head of expenditure to increase by an identical amount.

Action required: Head of Decision Support to advise the Head of Financial Performance Reporting and the Jersey Harbours Finance and Business Resource Director that the transfer has been approved.

Signature:

 

Position: Senator  P F C Ozouf, Assistant Minister for Treasury and Resources

                 

 

Date Signed:

Date of Decision:  

 

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