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STATES OF JERSEY
TRANSFERS BETWEEN HEADS OF EXPENDITURE UNDER THE
PUBLIC FINANCES (JERSEY) LAW 2019: ARTICLE 18 –
11TH DECEMBER 2020
Presented to the States on 14th December 2020 by the Minister for Treasury and Resources
STATES GREFFE
2020 R.140
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 he/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 – | |||
2020- 0154 | Pre-Feasibility Vote (PFV) & General Reserve | Infrastructure, Housing and Environment | Non- recurring allocation from the PFV of up to £158,000 and £76,950 from the General Reserve. | The Fort Regent major project and the Island Sports Facilities. |
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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 PFV has been established in the Government Plan 2020-2023 in recognition that projects may require access to funding to conduct initial exploratory work that will gather the necessary data and understanding to support the development of a robust and comprehensive business case. The PFV is a source of one-off funding intended to support pre-feasibility studies for capital projects which were identified as part of the Government Plan.
Further information on these decisions can be found on www.gov.je under the following Ministerial Decision references –
MD-TR-2020-0154
which was signed on 11th December 2020.
R.140/2020