Public Finances Law Review
Launch date: 21/03/2019
Review status: Review started
What is the review about?
We are reviewing the proposed new Public Finances Law. Senator Sarah Ferguson, Chairman of Public Accounts Committee, has been co-opted to work with us on this important review, looking at the way Government funds are distributed and managed. The draft Law will be debated in the States Assembly on 30th April 2019.
How might the new Law affect you?
If you receive money from the States, by way of a grant or other means, you may wish to pay particular regard to Article 42:
Article 42 requires persons who are involved in the administration of money of the States to provide information or produce a record at the request of the Council of Ministers, the Minister, the Treasurer, the Principal Accountable Officer or an accountable officer acting in accordance with the functions under the Law.
How to get involved
The deadline for submissions about this review is 5th April 2019. You can email your comments to email@example.com or use our online contact form.
Terms of reference
To conduct detailed legislative scrutiny of the Draft Public Finances Law to ensure the accuracy and adequacy of the draft law. This will include but is not limited to:
Examining the rationale for the changes proposed in the draft law;
Examining whether best practice has been followed;
Examining the proposed changes to the financial planning process e.g. the move from a Medium Financial Plan structure to a Government Plan;
Reviewing how funding is allocated to major projects (including capital); and
Examining whether the proposed Law adequately addresses the recommendations of the Comptroller and Auditor General in relation to financial management with the States;
To consider the proposal to introduce a Public Finances Manual in tandem with the draft law.
To consider the consequential impact of the draft law on other laws and enactments.
To examine the potential changes in the accountability of all Accountable Officers
To consider the wider impact of the draft law on the way Jersey’s Ministers and officers operate.