Guernsey 2,453 employing businesses. 19.6% work in the finance industry and median earnings were £31,215. Public services, such as water, wastewater, the two main harbours and the airport are still owned and controlled by the States of Guernsey. The electricity, and postal services have been commercialised by the States and are now operated by companies wholly owned by the States of Guernsey. Gas is supplied by an independent private company. In 1998, Guernsey and Jersey jointly formed the Channel Islands Electricity Grid to operate and manage the submarine cables between Europe and the Channel Islands. The installation of these cables provided
Law of Guernsey of Guernsey) Law, 1973" allowing EU regulations to have immediate effect in Guernsey. Additional effects on Guernsey followed the Treaty of Maastricht,1992, the Treaty of Amsterdam,1997, the Treaty of Nice, 2001 and the Treaty of Lisbon, 2004. Amongst other matters, the Bailiwick has fiscal autonomy, but has accepted European human rights in 1971. Whilst it is a strong constitutional convention that the UK does not normally legislate for the Crown Dependencies without the explicit consent of their Governments, in law it does have the power to do so. This may be done in two ways. Historically, Acts of Parliament might