Further to my request regarding your ref number 5160885


Authority	[[treasury
Date received	2026-01-01
Outcome	No information sent - all held but exempt
Outcome date	2026-01-28
Topic	[[policing-criminal-justice

Summary

The requester asked for the asset values of the IOMSP and IOMSPG and the depreciation policy for new vessels. The Treasury withheld the asset values citing a qualified exemption for information intended for future publication, while directing the requester to a public document for the depreciation policy.

Key Facts

Asset value information for IOMSP and IOMSPG is held but exempt under section 41 of the Act.
The requested financial data is contained in audited statements for the year ending 31 December 2024.
The Treasury aims to lay the financial statements before Tynwald by March 2026.
The depreciation policy for vessels is already publicly accessible via a Tynwald document.
The public interest test determined that withholding the asset values until official publication was more reasonable than immediate disclosure.

Data Disclosed

2026-01-01
2026-01-28
2026-01-23
31 December 2024
March 2026
5201103
5160885
page 18
section 41
section 20

Exemptions Cited

Section 41 of the Freedom of Information Act 2015 (Information intended for future publication)
Section 20 of the Freedom of Information Act 2015 (Information reasonably accessible to the applicant)

Original Request

Question 1.As to the latest information held as to the asset value of both the IOMSP and IOMSPG and the answer to include the date for which that value was ascertained.