Who We Are

The Department consists of :

• The Minister for the Treasury, and
• Two other Members of Tynwald appointed by the Governor in Council.

The Minister can delegate any functions of the Department to a Member, or to any other person, in accordance with section 3(2) of the Government Departments Act 1987. In practice, the Minister generally delegates his powers to himself jointly with other Members of the Treasury. The Minister and Members of the Treasury therefore meet and execute the busines of the Department jointly under delegated powers. Within that context, each individual Member of the Treasury has political responsibility for the areas shown below.

The Chief Financial Officer is the Chief Executive of the Department and is accountable to the Treasury for the Management of the Department.

	Minister - Eddie Teare MHK
Member	Member	Member
Mr R P Braidwood MLC	To be appointed	Mr E G Lowey MLC
Delegated Functions	Delegated Functions	Delegated Functions
Capital Projects Unit	General Registry	Procurement
Estates Management Forum	Insolvency / Company Law Reform	Value For Money Committee
Investment Management	Dept Social Care - Liaison	Accounting / Audit Consultative Committee
Coins	Business Change / ICT Fund Steering Groups	Internal Audit
	Rating	Regulatory Oversight (FSC/IPA/GSC)