Corporate Services - Approved Panel Minutes - 15 December 2016

Present

Deputy J.A.N. Le Fondré, Chairman Deputy S.M. Brée, Vice-Chairman Connétable C.H. Taylor

Deputy K.C. Lewis

Senator S.C. Ferguson (Item 2)

Apologies

In attendance

Mr S. Spottiswoode, Scrutiny Officer Mr T. Nicolle, Scrutiny Officer

Ref Back

Agenda matter

Action

Item 3 7/12/16

513/46

1.  Jersey International Finance Centre (JIFC)

The Panel considered the latest version of its draft report and agreed a small number of amendments. Due to time constraints, the Panel agreed that the Vice-Chairman would submit further changes to the Scrutiny Officers, to incorporate into the report. It was noted that the new draft would be circulated in good time, prior to the next meeting.

SS SB

Item 3 12/12/16

513/52

2.  Future Hospital Funding Strategy

The Panel was advised by the Officers that it was still waiting for a response from the Minister for Treasury and Resources regarding the request for a four-week delay to the debate in order to allow sufficient time to conduct a review.

The Panel received an update from the Officers on the options for advisors for the review. The Panel noted that following discussions with a number of potential advisors, it had received quotes from KPMG and Concerto/Opus Corporate Finance.

In light of the agreed budget for the review, it was agreed to proceed with the appointment of Concerto/Opus Corporate Finance. It was highlighted that the advisor's availability might be constrained by the timeframe that the Minister for Treasury and Resources would concede to. The Panel then discussed the key points for the advisor to analyse.

The Panel approved the wording of a press statement announcing the review. It was agreed that the statement would only be released once confirmation in writing had been received from the Minister for Treasury and Resources confirming the date for the debate would be delayed by four weeks, as requested.

SS