Isle of Man Legislation Newsletter (June 2021)
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Questions & Answers What “Brexit” Means for the Isle Of
Questions & Answers What “Brexit” means for the Isle of Man What is “Brexit”? In a referendum held on 23 June 2016 the people of the United Kingdom voted by a margin of 52% to 48% to leave the European Union (EU) – a political and economic partnership of 28 European countries. The process of Britain exiting has been labelled “Brexit” in the media and among the public. What is the Isle of Man’s current relationship with the EU? What is Protocol 3? The Isle of Man is not part of the European Union (EU) in its own right, and is not included within the scope of the UK’s membership of the EU. The Isle of Man makes no financial contribution to the European Union nor does it receive any funding from the EU. It is not represented in the European Parliament. The relationship between the Isle of Man and the EU is set out in Protocol 3 to the UK’s Act of Accession by which the UK became a member of the EU. The Protocol allows the Island to be part of the EU customs area which permits the free movement of manufactured goods and agricultural products in trade between the Island and the Union. Protocol 3 can be read here on the Isle of Man Government website: https://www.gov.im/media/624101/protocol3relationshipwiththeeu.pdf Apart from the requirements of the Protocol - in particular that the Isle of Man must apply the same treatment to all natural and legal persons of the EU - other Union rules do not apply. -
Doing Business in the Isle of Man
DOING BUSINESS IN THE ISLE OF MAN CONTENTS 1 – Introduction 3 2 – Business environment 4 3 – Foreign Investment 7 4 – Setting up a Business 8 5 – Labour 13 6 – Taxation 16 7 – Accounting & reporting 21 8 – UHY Representation in the Isle of Man 23 DOING BUSINESS IN THE ISLE OF MAN 3 1 – INTRODUCTION UHY is an international organisation providing accountancy, business management and consultancy services through financial business centres in over 100 countries throughout the world. Member firms work together through the network to conduct transnational operations for clients as well as offering specialist knowledge and experience within their own national borders. Global specialists in various industry and market sectors are also available for consultation. This detailed report providing key issues and information for users considering business operations in the Isle of Man has been provided by the office of UHY representatives: UHY CROSSLEYS LLC PO Box 1 Portland House Station Road Ballasalla Isle of Man, IM99 6AB British Isles Phone +44 (0) 1624 822816 Website www.crossleys.com Email [email protected] You are welcome to contact Andrew Pennington ([email protected]) or Nigel Rotheroe ([email protected]) for any enquiries you may have. Information in the following pages has been updated so that it is effective at the date shown, but inevitably it is both general and subject to change and should be used for guidance only. For specific matters, users are strongly advised to obtain further information and take professional advice before making any decisions. This publication is current at August 2021. We look forward to helping you do business in the Isle of Man. -
List of Certain Foreign Institutions Classified As Official for Purposes of Reporting on the Treasury International Capital (TIC) Forms
NOT FOR PUBLICATION DEPARTMENT OF THE TREASURY JANUARY 2001 Revised Aug. 2002, May 2004, May 2005, May/July 2006, June 2007 List of Certain Foreign Institutions classified as Official for Purposes of Reporting on the Treasury International Capital (TIC) Forms The attached list of foreign institutions, which conform to the definition of foreign official institutions on the Treasury International Capital (TIC) Forms, supersedes all previous lists. The definition of foreign official institutions is: "FOREIGN OFFICIAL INSTITUTIONS (FOI) include the following: 1. Treasuries, including ministries of finance, or corresponding departments of national governments; central banks, including all departments thereof; stabilization funds, including official exchange control offices or other government exchange authorities; and diplomatic and consular establishments and other departments and agencies of national governments. 2. International and regional organizations. 3. Banks, corporations, or other agencies (including development banks and other institutions that are majority-owned by central governments) that are fiscal agents of national governments and perform activities similar to those of a treasury, central bank, stabilization fund, or exchange control authority." Although the attached list includes the major foreign official institutions which have come to the attention of the Federal Reserve Banks and the Department of the Treasury, it does not purport to be exhaustive. Whenever a question arises whether or not an institution should, in accordance with the instructions on the TIC forms, be classified as official, the Federal Reserve Bank with which you file reports should be consulted. It should be noted that the list does not in every case include all alternative names applying to the same institution. -
Notes on Parliaments Visited
3 Notes on parliaments visited Parliaments studied 3.1 This chapter provides a brief overview of the parliaments studied during the program in order to provide a context for the observations in Chapter 2. The notes are from the perspective of the committee’s interests and do not attempt to provide an overview of the parliaments themselves. There is obviously much more that could be said about each of the parliaments visited, but such comments would not reflect the experience provided by the study program. 3.2 As noted in paragraph 1.6 above, the committee was able to visit, observe and have discussions at the House of Commons and House of Lords in London, the Scottish Parliament in Edinburgh, the Tynwald in Douglas, (Isle of Man), the National Assembly for Wales in Cardiff and the French National Assembly in Paris. The notes on these assemblies reflect information provided during discussions as well as documents provided by our hosts. 3.3 Three main factors influenced the decision to visit the four parliaments in the United Kingdom and one in France: a desire to compare practices and procedures with other parliaments sharing Westminster origins (The House of Commons, House of Lords, Scottish Parliament and National Assembly for Wales); an interest in learning how quite different parliamentary traditions address issues relevant to all legislatures, including scrutinising the Executive, use of parliamentary committees, communicating with the 34 STUDY PROGRAM 2006 public, procedures for conducting formal votes, how parliaments adapt themselves to societal changes (the Tynwald and the French National Assembly in addition to the parliaments in Britain); and time constraints imposed by the need to slot the visit into part of the Easter break (returning in time for the Budget sittings) and the sitting patterns of other parliaments. -
Learning from Other Parliaments
The Parliament of the Commonwealth of Australia Learning from other parliaments Study Program 2006 House of Representatives Standing Committee on Procedure August 2006 © Commonwealth of Australia 2006 ISBN 0 642 78826 X (printed version) ISBN 0 642 78827 8 (HTML version) Contents Foreword...................................................................................................................................................vii Participants..............................................................................................................................................viii 1 Overview of visit ..................................................................................................... 1 Background.....................................................................................................................................1 The program....................................................................................................................................2 Major themes...................................................................................................................................3 Overview Conclusion.....................................................................................................................4 2 Themes and issues................................................................................................. 5 Introduction.....................................................................................................................................5 -
Meeting Our Population Challenges
Meeting our Population Challenges Cabinet Office February 2018 GD 2018/0014 Contents Foreword ............................................................................................................. 2 Introduction......................................................................................................... 4 1. Isle of Man Population Projections .................................................................. 7 2. Declining Fertility ........................................................................................... 8 3. Emigration of Young adults ........................................................................... 14 4. Growing population of older people ............................................................... 25 5. Active Ageing Index ..................................................................................... 26 6. British Irish Council Demography Work stream .............................................. 31 7. Summary of Recommendations..................................................................... 32 Appendix I : Isle of Man Population Projections ................................................... 34 Appendix II: Active Ageing Index – Employment Domain ..................................... 46 Appendix III: Active Ageing Index – Participation Domain .................................... 48 Appendix IV: Active Ageing Index - Independent, Healthy and Secure Living Domain ........................................................................................................................ -
Lieutenant Governor of the Isle of Man
Lieutenant Governor of the Isle of Man Information pack and application form 2021 January 2021 Lieutenant Governor of the Isle of Man Her Majesty The Queen, Lord of Mann, is represented in the Isle of Man by the Lieutenant Governor. Applications are now invited for this position, which will become vacant in August 2021 upon the retirement of the present incumbent. The Isle of Man is a self-governing British Crown Dependency centrally located in the Irish Sea between England, Scotland, Ireland and Wales. The Island has its own government which delivers a full range of public services to its population of 85,000 residents. It is a leading international business centre and makes a positive contribution to the global economy. As Her Majesty The Queen’s personal representative and impartial adviser, the Lieutenant Governor is required to live in the Island and play a full and active part in Manx life, with particular emphasis on community and charitable affairs. The role involves working closely with the Isle of Man Government to promote the Island’s interests at public and social events, representing Her Majesty The Queen on ceremonial occasions and hosting Royal and VIP visits at the official residence, Government House. The Lieutenant Governor is also required to perform a range of executive functions and to exercise delegated authority to give Royal Assent to primary legislation brought forward by the Island’s parliament, Tynwald. The successful candidate will be diplomatic and tactful in the discharge of official duties, and act as a discreet and lucid communicator to the Isle of Man and United Kingdom Governments, paying close attention to local political and societal sensitivities and protocols. -
Constitutional History with an Economic, Political and 1980-86 Social Analysis
MANX NATIONAL HERITAGE LIBRARY Manx CONSTITUTIONAL National HISTORY OF Heritage THE ISLE OF MAN Eiraght Ashoonagh Vannin Select Bibliography No. 11 October 2003 The Island has been ruled by the Norse, Scotland be proclaimed law on Tynwald Hill on Tynwald day, and England at various times in its history. Tynwald, traditionally 5 July each summer. The proclamation of the Manx legislative body, has been in continuous the law in English and Manx is a necessary part of existence for at least one thousand years, thus the law making process. predating the English Parliament at Westminster. The Island is not part of the European Union, but it The Isle of Man is not a member country of the has, under the Treaty of Accession (by which the UK United Kingdom, but is a dependency of the British joined the EU), the benefit of the free movement of Crown. As such it enjoys self-government in respect goods and agricultural products. There is conformity of all internal domestic matters. External relations with EU customs arrangements. The Island neither and defence are the responsibility of the British gives to nor receives monetary grants from the EU. Crown which retains ultimate responsibility for Since there is only a limited relationship with Europe, overseeing ‘good governance’ in the Island. Treaties the Manx government is able to pass laws that and international agreements do not automatically regulate the right to reside and to work in the Island. extend to the Island without prior consultation having This select bibliography provides an initial starting taken place. point to research. -
Bilateral Visit from Tynwald, Isle of Man 25 – 27 October 2017 Houses of Parliament, London
[insert map of the region] 1204REPORT/ISLEOFMAN17 Bilateral Visit from Tynwald, Isle of Man 25 – 27 October 2017 Houses of Parliament, London Final Report Contents About the Commonwealth Parliamentary Association UK ........................................................................................ 3 Summary ............................................................................................................................................................................ 4 Project Overview ............................................................................................................................................................. 5 Project Aim & Objectives ............................................................................................................................................... 5 Participants & Key Stakeholders ................................................................................................................................... 6 Key Issues .......................................................................................................................................................................... 6 Results of the Project ..................................................................................................................................................... 8 Next Steps ....................................................................................................................................................................... 10 Acknowledgements -
Standing Committee of Tynwald on Public Accounts
PP 2020/0118 STANDING COMMITTEE OF TYNWALD ON PUBLIC ACCOUNTS EMERGENCY SCRUTINY FOURTH REPORT FOR THE SESSION 2019-20 DECISION MAKING, RISK, AND EXITING THE EMERGENCY STANDING COMMITTEE OF TYNWALD ON PUBLIC ACCOUNTS EMERGENCY SCRUTINY FOURTH REPORT FOR THE SESSION 2019-20 DECISION MAKING, RISK, AND EXITING THE EMERGENCY 3.1 There shall be a Standing Committee of the Court on Public Accounts. 3.2 Subject to paragraph 3.6, the Committee shall have – (a) a Chairman elected by Tynwald, (b) a Vice-Chairman elected by Tynwald, (c) four other Members, who shall be Chairman of each of the Policy Review Committees (ex officio) and the Chairman of the Committee on Constitutional and Legal Affairs and Justice; and a quorum of three. 3.3 Members of Tynwald shall not be eligible for membership of the Committee, if, for the time being, they hold any of the following offices: President of Tynwald, member of the Council of Ministers, member of the Treasury Department referred to in section 1(2)(b) of the Government Departments Act 1987. 3.4 The Committee shall – (a) (i) consider any papers on public expenditure and estimates presented to Tynwald as may seem fit to the Committee; (ii) examine the form of any papers on public expenditure and estimates presented to Tynwald as may seem fit to the Committee; (iii) consider any financial matter relating to a Government Department or statutory body as may seem fit to the Committee; (iv) consider such matters as the Committee may think fit in order to scrutinise the efficiency and effectiveness of the implementation of Government policy; and (v) lay an Annual Report before Tynwald at each October sitting and any other reports as the Committee may think fit. -
Manx Natonal Heritage Library and Archives Dissertatons, Theses and Essays May 2021
Manx Natonal Heritage Library and Archives Dissertatons, theses and essays May 2021 'A study of language death and revival with partcular focus on Manx Gaelic' Ager, Simon 2009 dissertaton 1 volume Masters dissertaton submited for a Linguistcs degree at Bangor University. The dissertaton explores themes of language death and revival focuses on Manx Gaelic. Chapters covered language death; language revival and revitalizaton; decline of the Manx language, history of the language. revival of Manx; methology; current state of Manx, future of Manx; discussion of revival and language death. MS 12375 'Size Maters. A Case Study of Small Island Democracy on the Isle of Man'. Ahlbom, Tove 2012 document 39 pages Bachelor dissertaton in Politcal Science submited to the University of Gothenburg, Sweden. The thesis is a case study of the Isle of Man politcal system, aiming to further explore variables related to smallness and "island ness" that beds for a consensual type of democracy. Subjects explored: democratc insttutons in small island states; consensual systems; Britsh politcal and cultural heritage; crown dependency relatons with the UK; Viking heritage; homogeneity; Governmental organisaton; enabling economic growth. Appendices includes: a schematc model of the Isle of Man politcal system. MS 13296 Page 1 of 287 'Biology and behaviour of common shrimp species from Isle of Man waters' Al-Adhub, Abdul-Hussain Yousif 1974 thesis 1 volume Illustrated PhD thesis submited to the University of Liverpool by a student at the Port Erin Marine Biological Staton (Port Erin Ref: ZAT 030). MS 11474/28 'Entertainment and Expression: Musical Actvity in World War II Internment Camps on the Isle of Man'. -
The Isle of Man Climate Change Scoping Study Climate Change And
The Isle of Man Climate Change Scoping Study Technical Paper 10 Climate change and water resources on the Isle of Man Page 1 Report for Martin Hall, DLGE, Isle of Man Government Our reference IOM001 Report prepared by ICARUS: Irish Climate Analysis and Research Units Approved by John Firth, Managing Director acclimatise 6 Nursery End Southwell Nottinghamshire NG25 0BY T: +44 (0) 1636 812868 F: +44 (0) 1636 812702 E: [email protected] W: www.acclimatise.uk.com This report has been produced by Climate Risk Management Limited (trading as acclimatise) for the Isle of Man Government solely for the purpose of reporting the outcomes of the Scoping study of the Isle of Man. It may not be used for any other purpose, reproduced in whole or part, nor passed to any organisation or person without the specific permission in writing of the Project Manager, acclimatise. Any liability arising out of use by a third party of this document for purposes not wholly connected with the above shall be the responsibility of that party, who shall indemnify Climate Risk Management Limited (acclimatise) against all claims, costs, damages and losses arising out of such use. © Copyright acclimatise and Climate Risk Management Limited 2006 This report should be referenced as: Murphy, C., Sweeney, J., Fealy, R. and McElwain, L. (2006) The Isle of Man Climate Change Scoping Study: Climate change and Water Resources on the Isle of Man for acclimatise and the Department of Local Government and the Environment, Isle of Man Government. CLIMATE CHANGE: Indicators, Scenarios and Impacts for the Isle of Man A scoping report prepared for the Isle of Man on behalf of acclimatise Prepared by ICARUS Irish Climate Analysis and Research Units Authors: Murphy, C., Sweeney, J., Fealy, R.