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Establishment of the Social Investment Fund

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Policy & Resources Committee - P.2020/21

pdf icon P2020 21 Amdt 1 - Establishment of the Social Investment Fund - Deputy McSwiggan & Deputy Green [248kb]

The States are asked to decide:-

Whether, after consideration of the policy letter entitled 'Establishment of the Social Investment Fund', they are of the opinion:

1. To note that the Social Investment Fund will be established in 2020 as a Company Limited by Guarantee.

2. To rescind Resolutions 1, 2 and 4 of Article XIII, Billet d'État XX 2014 ('Culture and Leisure Department - Channel Islands Lottery - Administration Arrangements, Forfeited Prize Account and 2011-2013 Reports and Accounts).

3. To replace Resolution 3 of Article XIII, Billet d'État XX 2014 ('Culture and Leisure Department - Channel Islands Lottery - Administration Arrangements, Forfeited Prize Account and 2011-2013 Reports and Accounts) with "To direct that any Channel Island Lottery proceeds are to be retained in the Channel Islands Lottery (Guernsey) Fund Appropriation Account and to delegate authority to the Policy & Resources Committee to approve their use for:

(i) Funding initiatives designed to help and support individuals experiencing gambling problems locally;

(ii) Providing a ring-fenced annual grant to the Committee for Education, Sport & Culture specifically for funding Beau Sejour Leisure Centre; and

(iii) Transferring to the Social Investment Fund.

4. To agree that a ring-fenced annual grant of a maximum of £700,000 per annum for the three years 2021 - 2023 be provided from the Channel Islands Lottery (Guernsey) Fund Appropriation Account to the Committeefor Education, Sport & Culture specifically for funding Beau Sejour Leisure Centre.

5. To note that the grant arrangement set out in proposition 4 will be reviewed by no later than December 2022 and proposals for any change made by the Policy & Resources Committee, following consultation with the Committee for Education, Sport & Culture, in the appropriate Budget Report.

6. To approve the transfer of the uncommitted balance of the Channel Islands Lottery (Guernsey) Fund Appropriation Account as at 31 December 2019 to the Social Investment Fund.

7. To agree that any balance of the Channel Islands Lottery (Guernsey) Fund Appropriation Account from 2020 onwards be transferred to the Social Investment Fund.

The above Propositions have been submitted to Her Majesty's Procureur for advice on any legal or constitutional implications in accordance with Rule 4(1) of the Rules of Procedure of the States of Deliberation and their Committees.

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Establishment of the Social Investment Fund

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