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Transfers between Heads of Expenditure under the Public Finances (Jersey) Law 2019: Article 18 – 11th February 2022

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STATES OF JERSEY

TRANSFERS BETWEEN HEADS OF EXPENDITURE UNDER THE

PUBLIC FINANCES (JERSEY) LAW 2019: ARTICLE 18 –

11TH FEBRUARY 2022

Presented to the States on 31st March 2022 by the Minister for Treasury and Resources

STATES GREFFE

2022  R.34

2

REPORT

Decision(s): Under Article 18(4) of the Public Finances (Jersey) Law 2019 (the Law), the Minister for Treasury and Resources hereby notifies the States, and having consulted with any relevant Minister under Article 18(5) of the Law; that she has agreed to the following –

Transfers between Heads of Expenditure under Article 18 of the Law

 

MD- TR- Ref.

Department

£

Funding of –

From –

To –

2022 -

29

Risk Management Team, Treasury and Exchequer

Office of the Chief Executive

£185,000 and 2 FTE

a  restructure  of  the Risk,  Audit  and Reporting division

 

 

 

 

 

After the expiry of 4 weeks following the presentation to the States of these transfers, the Minister hereby authorises the Treasurer of the States to action the transfers outlined in the table above.

Background

The Treasurer of the States, as Director General for T&E, has proposed a restructure of the Risk, Audit and Reporting division which was previously based within T&E. One of the outcomes of this was that the Risk Management team would move from Treasury and Exchequer (T&E) to the Office of the Chief Executive (OCE).

The Risk Management function, will move into the Office of the Chief Executive with effect  from  1st  January  2022,reporting  to  the  Chief  of  Staff.  Responsibility  for insurance matters will remain in T&E under the Director of Treasury and Investment Management.

This decision can be found on www.gov.je under the following Ministerial Decision references –

 MD-TR-2022-29

which were signed on 11th February 2022.

R.34/2022