States of Jersey Law 2005: Delegation of Functions – Minister for Treasury and Resources – Treasurer of the States

Published on: 16 December 2025

Presented by: Minister for Treasury and Resources

Reference: R.177/2025

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STATES OF JERSEY

STATES OF JERSEY LAW 2005: DELEGATION OF FUNCTIONS – MINISTER FOR TREASURY AND RESOURCES – TREASURER OF THE STATES

Presented to the States on 16th December 2025 by the the Minister for Treasury and Resources

STATES GREFFE

2025 R.177

REPORT

On 16th December 2025 the Minister for Treasury and Resources made a Ministerial Decision delegating certain of her functions under Articles 28, 30 and 30A of the States of Jersey Law 2005 (see Decision reference MD-TR-2025-956, available at www.gov.je).

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 –

Delegate:

The Treasurer of the States

Functions delegated:

• incorporate the Limited Liability Company on behalf of the Minister for Treasury and Resources. The Minister for Infrastructure was also briefed on this arrangement on 2 October 2025; and

• enter into leases on behalf of the LLC to facilitate decisions made in MD-TR-356

Scope of delegation:

As above

Further to:

• MD-TR-356, as part of which the Minister for Treasury and Resources agreed to put into place optimal and legally binding arrangements for the new Government Headquarters (Union St Office building) to be held as a local infrastructure investment for the Social Security (Reserve) Fund; and

• briefing to the Minister for Treasury and Resources received on 15 August 2025 in respect of the intention to enter into a 99-year lease of land from the Public of the Island (as Landlord) to a Limited Liability Company (as Tenant), incorporated for the purposes of the legal arrangement referred to above, and a further lease from the Limited Liability Company (as Landlord) to Jersey Property Holdings (as Tenant);

There is a need to formally delegate authority to and direct the Treasurer of the States to:

• incorporate the aforementioned Limited Liability Company on behalf of the Minister for Treasury and Resources. The Minister for Infrastructure was also briefed on this arrangement on 2 October 2025; and

• enter into leases on behalf of the LLC to facilitate decisions made in MD-TR- 356

R.177/2025