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Howard Davis Farm Trust: Reports and Financial Statements from 15th May 2009 to 31st December 2015.

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STATES OF JERSEY

HOWARD DAVIS FARM TRUST: REPORTS AND FINANCIAL STATEMENTS FROM 15TH MAY 2009 TO 31ST DECEMBER 2015

Presented to the States on 13th October 2016 by the Minister for Treasury and Resources

STATES GREFFE

2016  R.106

2

INTRODUCTORY REPORT

The Minister for Treasury and Resources approved the Constitution of "The Howard Davis Farm Trust" in MD-PH-2008-0098 in order to promote –

  • the training and research in respect of agriculture and horticulture in Jersey and/or other countries or territories;
  • the protection, enhancement and monitoring of, training with regard to, and research into the environment of Jersey and/or other countries and territories;

and to monitor the objectives referred to above.

The full text of the Howard Davis Farm Constitution can be read at APPENDIX 1 to the report attached to MD-PH-2008-0098.

The creation of the Trust was needed to receive a balance of the proceeds of any lease of Howard Davis Farm pursuant to Article 3 of the Howard Davis Farm (Abrogation of Covenant) (Jersey) Law 2008.

In the Constitution, section 9 stated –

"9. Accountability to the States of Jersey

The Committee shall present annually to the Minister, for onward presentation to the States, the audited accounts of the Trust and a report of its activities.".

R.106/2016