Bailiwick of Guernsey government. All three legal jurisdictions need Royal Assent from the Privy Council on its primary legislation. Each jurisdiction raises its own taxation, although in 1949 Alderney transferred its rights to Guernsey. The island of Guernsey has a population of around 63,000 in and forms the legal and administrative centre of the Bailiwick of Guernsey. The parliament of Guernsey and of the nearby inhabited islands of Herm, Jethou and Lihou is the States of Guernsey. With a population of around 1,900 in , Alderney has its own parliament, the States of Alderney, which has ten elected members and an elected president.
External relations of Guernsey more integrated relationship with the Commonwealth of Nations, including more direct representation and enhanced participation in Commonwealth organisations and meetings, including Commonwealth Heads of Government Meetings, however with no right to vote in the Ministerial or Heads of Government meetings. Both Alderney and Guernsey are members of the Commonwealth Parliamentary Association. The Bailiwick of Guernsey which includes Alderney, Sark, Herm and the other smaller islands is a member of the Commonwealth Games Federation and has attended every games event since the inauguration in 1970. In 2011 Guernsey, which had previously been unrated, was awarded a AAA credit rating by Standard