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7
1240/5/1(182)
WRITTEN QUESTION TO THE
MINISTER FOR ECONOMIC DEVELOPMENT, TOURISM, SPORT AND CULTURE
BY DEPUTY S.Y. MÉZEC OF ST. HELIER
ANSWER TO BE TABLED ON TUESDAY 28TH MARCH 2017
Question
Further to the response to Written Question 1(15), in which seven items relating to the Jersey Aircraft Registry were included in a list of legislative measures which could demonstrate a tangible effect on promoting economic growth, will the Minister explain why these seven items were included given that only two aircraft had been registered and that, taking into account the cost in setting up the Registry compared with how much it had made in registration fees, it was running a deficit of close to £850,000?
Answer
The development of an aircraft registry approved by this Assembly has always been an investment in the long-term future of Jersey.
I can inform the Deputy that Jersey remains well placed to maximise the economic benefits of having an aircraft registry.
The Deputy appears to understand the term economic growth as meaning Government Departments must generate a return from the registry almost immediately.
The aim of the Department is, in the fullness of time, to recover the investment. However, Government has made the investment to ensure that, in the long term, Jersey enjoys the benefits of the registry as was always the stated case.
In the meantime, I, my Assistant Ministers, and the Council of Ministers, are responsible enough to take the long-term view and we remain confident that our aircraft registry will prove successful.