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|
|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)|