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Corporate Services - Approved Panel Minutes - 1 September 2015

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Corporate Services Scrutiny Panel

Record of Meeting

Date:  1st September 2015  

 

Present

Deputy J.A.N. Le Fondré, Chairman Deputy K.C. Lewis

Connétable C.H. Taylor

Deputy S.J. Brée, Vice-Chairman

Apologies

 

Absent

 

In attendance

Mr T. Oldham , Scrutiny Manager Mrs J. Hales , Scrutiny Officer

 

Ref Back

Agenda matter

Action

Item 3 24/08/15

513/45

1. Jersey International Finance Centre

The Panel considered correspondence to the Greffier that it had been copied into from Carey Olsen, the law firm representing the States of Jersey Development Company (SoJDC), in regard to the summons issued  by  the  Panel  to  SoJDC  requiring  it  to  provide  the  pre-let agreement between SoJDC and UBS, the funding agreement between SoJDC and HSBC and the construction contract between SoJDC and Camerons,  together  with  any  side  letters  and  other  documentation pertaining to these agreements. It further considered responses from UBS, HSBC and Camerons to the Panel's correspondence to those parties  requesting  them  to  voluntarily  provide  the  Panel  with  their respective aforementioned documents.

The  Panel  noted  that  no  parties  had  submitted  the  requested documentation and that the summons served on the Managing Director of the SoJDC, by the Panel was now subject to formal challenge as per Regulation  5  of  the  States  of  Jersey  (Powers,  Privileges  and Immunities) (Scrutiny panels, PAC and PPC) Regulations 2006. The Panel  recalled  that  Regulation  5  allowed  a  person  served  with  a summons  to  challenge  the  summons  and  the  challenge  to  be considered  by  PPC  in  accordance  with  the  provisions  set  out  in Regulation 6. That process was now being initiated by the Greffier and PPC.

The Panel agreed that it would seek the appropriate advice to help inform its next steps, and would further seek the advice of the Greffier to  clarify  its  understanding  of  the  process  that  was  being  initiated through PPC. This would include matters relating to possible conflicts of interest relating to members of PPC in this matter.

The  Panel  noted  the  ongoing  work  of  its  advisers  in  advance  of submission of their final draft report that was anticipated very shortly. The Panel agreed that it would seek to publish a related interim report soon after the outline for which it discussed and agreed. Report drafting would  begin  at  the  earliest  opportunity  by  the  officer  in  close consultation with the Chairman and a draft presented for the Panel

 

consideration shortly thereafter.