This brings the total revised budget for the project to £4 million.
A further £151,160 has been reallocated towards new financial services legislation ? such as the Security Interests Law ? and another £179,000 for ‘ongoing strategic initiatives leading to future business and economic growth’, including Genuine Jersey, Jersey Business Venture, a new business advisory service, and phase two of jersey.com.
The changes to the States draft annual business plan, outlined in Economic Development’s newly published 2008 business plan, also include reallocation of £128,000 to develop intellectual property legislation, but with cuts and reallocations in rural support totalling more than £270,000, including a decrease of £4,373 in school milk provision.
An extra £25,000 has been given to the Bureau de Jersey which represents and promotes Jersey’s culture and economy in northern France, and the Regulation of Undertakings staff budget has been increased by £36,903.
