States Assembly | Corporate Services - Approved Panel Minutes

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Corporate Services Scrutiny Panel

Record of Meeting

Date: 18th August 2015

Present	Deputy J.A.N. Le Fondré, Chairman Deputy K.C. Lewis Connétable C.H. Taylor
Apologies	Deputy S.J. Brée, Vice-Chairman
Absent
In attendance	Mrs J. Hales , Scrutiny Officer

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Agenda matter

Action

Item 1 11.08.15

513/46

1. Jersey International Finance Centre

The Panel discussed the recent report received from its advisors, Ernst Young (EY). The Panel raised areas within the report where clarity was required and requested a conference call be arranged with its advisors to discuss further.

Item 3 07.08.15

513/1/1(3)

2. Possible JT/Airtel Merge

Following their apologies at the Panel meeting on 7th August 2015, Deputy K.C. Lewis and Connétable C.H. Taylor noted receipt of the following documents:-

Preliminary non-binding indication of interest in a business combination with Jersey Telecom by Indian Continent Investment Limited dated 26th May 2015

Correspondence between JT Global and the minister for Treasury and Resources dated 27th May 2015

Presentation by Oakley Capital Corporate Finance to the Minister for Treasury and Resources dated 8th June 2015

The Members noted the confidentiality of these documents as explained in a letter from Treasury and Resources dated 20th July 2015.

101

18.08.2015

Corporate Services - Approved Panel Minutes - 18 August 2015