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A-CH/SC/121
PUBLIC ACCOUNTS COMMITTEE
(4th Meeting)
9th April 2009
(Business conducted by electronic mail and telephone) PART A
All members were present, with the exception of Connétable A.S. Crowcroft of St. Helier .
Senator B.E. Shenton, Chairman Senator A. Breckon
Connétable J.M. Refault of St. Peter Deputy T.A. Vallois
Mr. A.C. Fearn
Mr. P. Ryan
Mr. K. Keen
Mr. M. Magee
In attendance -
Miss A-C. Heuston, Clerk to the Public Accounts Committee Note: The Minutes of this meeting comprise Part A only.
Review of the A1. The Committee noted the report of the Comptroller and Auditor General report of the (C&AG) entitled: Energy from Waste Plant – management of foreign currency Comptroller and exchange risks,' presented to the States on 23rd March 2009 (R.24/2009 refers). Auditor General
entitled: Energy The Committee considered, and accordingly approved, the draft terms of reference from Waste Plant and scoping document for a review of the report of the C&AG. – management of foreign currency The Committee ratified the decision of the Chairman to conduct a public hearing in exchange risks'. relation to the review on 20th April 2009 at the Old Magistrate's Court, Seale 512(6) Street, St. Helier , and to call the following witnesses: the Treasurer of the States; the
Head of Decision Support, Treasury and Resources Department; the Minister for Treasury and Resources; Mr. J. Pope of Royal London Asset Management; Mr. D. Hager of Hewitt Associates; and Mr. N. Farrington of Deloitte LLP. The Committee noted that Mr. Hager was unable to attend on 20th April 2009 and had therefore been invited to attend a further public hearing on Friday 24th April 2009 at 12.30 p.m. in the Le Capelain Room, States Building.