Skip to main content

Economic Affairs - Approved Panel Minutes - 17 June 2016

This content has been automatically generated from the original PDF and some formatting may have been lost. Let us know if you find any major problems.

Text in this format is not official and should not be relied upon to extract citations or propose amendments. Please see the PDF for the official version of the document.

Economic Affairs Scrutiny Panel

Record of Meeting

17th June 2016

 

Present

Deputy S.M. Brée, Chairman Deputy D. Johnson , Vice-Chairman

Apologies

Connétable J.E. Le Maistre Connétable M.J. Paddock

Absent

 

In attendance

Mr M. Orbell, Scrutiny Officer

 

Ref Back

Agenda matter

Action

Item 2 09.06.16

515/37

1.  Dormant Bank Accounts

Members agreed that the Chief Minister's amendment to the draft law (lodged on 14th June 2016) met with expectations and therefore there was no need for further action by the Panel in this respect. Some uncertainty was initially expressed over exactly how the wording of the draft law identified the inclusion of precious metals and stones in the scheme as being entirely optional for banks, but the Panel was assured that the law draftsman had confirmed that was the case. The Panel discussed  some  of the  key  points  arising from  the  review  and  the Scrutiny Officer was asked to produce suitable draft Comments in time for final approval by the Panel at its meeting on 22nd June.

MO

 

2.  Quarterly Public Hearing

The Panel discussed possible topics for the public hearing with the Minister for Economic Development, Tourism, Sport and Culture due to take  place  on  6th  July  2016.  It  was  noted  that  the  Medium  Term Financial Plan Addition would have been published by that date and could therefore be expected to take up a large part of the discussion.

 

87

17.06.16