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States of Jersey Law 2005: delegation of functions – Chief Minister – Assistant Minister with operational responsibility for Financial Services.

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STATES OF JERSEY

STATES OF JERSEY LAW 2005: DELEGATION OF FUNCTIONS – CHIEF MINISTER –

ASSISTANT MINISTER WITH OPERATIONAL RESPONSIBILITY FOR FINANCIAL SERVICES

Presented to the States on 18th May 2015 by the Chief Minister

STATES GREFFE

2015   Price code: A  R.57

REPORT

On 14th May 2015, the Chief Minister made a Ministerial Decision delegating certain of his functions under Article 28 of the States of Jersey Law 2005 (MD-C-2015-0052, available at www.gov.je).

Article 28 of the States of Jersey Law 2005 permits a Minister to delegate, wholly or partly, functions to an Assistant Minister or an officer.

The Law states, inter alia

"28  Power of Minister to delegate functions

  1. A Minister may delegate, wholly or partly, functions conferred upon or vested in the Minister by or under this Law or any other enactment or any enactment of the United Kingdom having effect in Jersey, to
  1. one of his or her Assistant Ministers;
  2. an officer.
  1. A Minister shall not delegate –
    1. any power to make an enactment;
    2. any power to decide an appeal under an enactment;
    3. any function the delegation of which is prohibited by an enactment.
  2. The delegation of functions by a Minister under this Article shall not prevent the Minister exercising those functions personally.
  3. Where  any  licence,  permit  or  authorization  is granted  in  purported exercise  of  functions  delegated  under  paragraph (1),  no  criminal proceedings shall lie against any person for any act done, or omitted to be done, in good faith and in accordance with the terms of the licence, permit  or  authorization,  by  reason  that  the  functions  had  not  been delegated,  or  that  any  requirement  attached  to the  delegation  of  the functions had not been complied with.
  4. In this Article –

"Minister" includes the Chief Minister;

"officer"  means  a  States'  employee  within  the  meaning  of  the Employment  of  States  of  Jersey  Employees  (Jersey)  Law 2005  and includes a member of the States of Jersey Police Force and an officer appointed  under  paragraph 1(1)  of  Part 1  of  Schedule 2  to  the Immigration Act 1971 as extended to Jersey by the Immigration (Jersey) Order 1993.

  1. The States  may  by Regulations  amend  the  definition  "officer"  in paragraph (5)."

The terms of the delegations, and the legislation under which those delegations were made,  were  recorded in  a  Report  attached  to the Ministerial  Decision,  as  shown below –

3

The Chief Minister wishes to put the following delegations in place:

 

Delegate:

Senator P.F.C. Ozouf , Assistant Chief Minister.

Functions delegated and scope of delegation:

Financial Services and legislation regarding related matters

Bankruptcy (Désastre) (Jersey) Law 1990

Proceeds of Crime (Jersey) Law 1999

Proceeds of Crime and Terrorism (Miscellaneous Provisions) (Jersey) Law 2014

Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008

Banking Business (Jersey) Law 1991

Charities (Jersey) Law 2014

Collective Investment Funds (Jersey) Law 1988

Collective Investment Funds (Amendment and Validation) (Jersey) Law 2012

Companies (Jersey) Law 1991

Companies (Amendment No. 11) (Jersey) Law 2014

Companies (Takeovers and Mergers Panel) (Jersey) Law 2009 Financial Services (Jersey) Law 1998

Financial Services Commission (Jersey) Law 1998

Foundations (Jersey) Law 2009

Incorporated Limited Partnerships (Jersey) Law 2011

Insurance Business (Jersey) Law 1996

Limited Liability Partnerships (Jersey) Law 1997

Limited Partnerships (Jersey) Law 1994

Registration of Business Names (Jersey) Law 1956

Separate Limited Partnerships (Jersey) Law 2011

Non-Profit Organizations (Jersey) Law 2008

Community Provisions (Wire Transfers) (Jersey) Regulations 2007 Control of Borrowing (Jersey) Law 1947

Alternative Investment Funds (Jersey) Regulations 2012

Security Interests (Jersey) Law 2012

Terrorism (Jersey) Law 2002

Trusts (Jersey) Law 1984; and

All legislation made under these Laws and Regulations.

The Chief Minister previously delegated operational responsibility for Financial Services to Senator P.F.C. Ozouf pursuant to R.48/2014 in order that the Island can continue to move quickly on implementing the recommendations from global advisers regarding the opportunities for Jersey as an international finance centre.

In order to enable the Assistant Minister to deal with all matters in relation to Financial Services, the Chief Minister renews the previous delegation expressly in relation to Financial Services and the legislation set out above, and also delegates the following functions in respect of the  aforementioned  legislation  and  in  respect  of  Financial  Services generally to Senator P.F.C. Ozouf

R.57/2015

 

 

Standing Order 17(1)(a) – making statements;

Standing Order 19(c) – lodging Propositions; and

Standing Order 35((1)(b) – presenting Reports or Comments.

Further, the Chief Minister delegates all powers and functions given to the Chief Minister, including all powers to make enactments under the listed legislation, to the Assistant Chief Minister, Senator P.F.C. Ozouf .