In Australia, compulsory third party insurance (CTP) covers

Size: px
Start display at page:

Download "In Australia, compulsory third party insurance (CTP) covers"

Transcription

1 COMPULSORY THIRD PARTY INSURANCE: METHODS OF MAKING EXPLICIT ALLOWANCE FOR INFLATION B. J. BRUTON and J. R. CUMPSTON Australia SUMMARY An inflatin index is essential when cnstructing claim payment mdels frm past payment data, and when prjecting these results t give estimates f the prvisins fr utstanding claims anti f necessary premiums. This paper examines the chice f inflatin indices fr cmpulsry third party insurance in tw Australian states. Tw different indices, ne based n average weekly earnings per emplyed male unit and the ther based n cnsumer prices, were tested. The index based n average weekly earnings was cnsidered t be superir in that past claim payment data, tgetlmr with this index, gave reasnably stable claim payment mdels. Sme experiments were made fr an actual ffice t illustrate tim effects f different inflatin rate assumptins. I. INTRODUCTION This paper briefly examines three prblems assciated with inflatin-- (a) When determining prvisins fr utstanding claims, and premium rates, hw can past claim payments be edjusted t remve the effects f inflatin? (b) What prprtin f claim payments, if any, is unaffected by inflatin after the accident? (c) What is the effect f different assumptins in establishing prvisins fr utstanding claims and premium rates? 2. GENERAL BACKGROUND In Australia, cmpulsry third party insurance (CTP) cvers persnal injury received in rad accidents, but nt damage t vehicles. The amunt payable is unlimited, but may be reduced if cntributry negligence by the injured persn ccurred. In Victria a large number f insurers shared the market until recently when statutry cntrl f premiums resulted in all but

2 COMPULSORY THIRD PARTY INSURANCE 6 5 tw insurers withdrawing frm the field. In Western Australia, the Mtr Vehicle Insurance Trust has had a statutry mnply fr abut twenty-five years, Data has been supplied by ne f the tw current Victrian insurers, and by the Mtr Vehicle Insurance Trust f W.A. These tw insurers arc f similar size, each making payments t abut 7,5 injured persns per annum. Wc recrd ur appreciatin in being able t publish figures frm these tw surces. 3" INSURED CASUALTIES Data was btained shwing the numbers f vehicles insured during each year (perid I July t fllwing 3 June), tgether with claim payments fr the crrespnding twelve mnths sub-divided by year f accident. It was cnsidered necessary t cnvert data n numbers f vehicles insured int data n insured casualties. In bth states the intrductin f legislatin making seat-belt use cmpulsry has led t a substantial decline in the numbers f persns injured r killed in rad accidents per registered vehicle. Fr this reasn it was cnsidered that the numbers f insured vehicles prvided a pr measure f the underlying expsure t risk. The increasing use f seat-belts may result in lwer claim payments per insured casualty, making insured casualties itself an unreliable measure. 4" ADJUSTMENT FOR INFLATION We cnsider it is mst desirable that explicit, allwance be made fr inflatin in determining premium rates and reserves fr utstanding claims. Accrdingly, past claim payments shuld be increased by subsequent inflatin rates t bring them t current values. The Australian Bureau f Statistics publishes a number f inflatin indices, f which the mst relevant are Average Weekly Earnings per Emplyed Male Unit (AWE), and Cnsumer Price Index (CPI). Payments made in respect f CTP insurance can be classified int a number f categries. Hspital,. medical, lss f incme and ther special damages amunt t apprximately 20% f ttal 5 "i ; ~ ~.

3 66 COMPULSORY THIRD PARTY INSURANCE payments. Legal and investigatin csts amunt t abut 2%, and general damages accunt fr the remaining 60%. Hspital and medical expenses, lss f incme payments and legal expenses can be expected t reflect changes in earnings patterns within the cmmunity. General damages are awarded by curts (r mutually settled befre actin) withut indicatin as t the basis f determinatin ; hwever, these amunts are set against the backgrund f general incme levels prevailing at pint f payment. Therefre, n a priri grunds it is cnsidered that AWE is likely t prve a mre relevant inflatin index than CPI. Hwever, a statistical methd f testing the apprpriateness f different indices wuld be useful. 5" CLAIM PAYMENTS PER INSURED CASUALTY Table I illustrates claim payments per insured casualty in respect f the Mtr Vehicle Insurance Trust f W.A., where past experience has been adjusted using AWE as the inflatin index Further tables are shwn in Appendix A fr Western Australian data using CPI t adjust past experience, and fr Victrian data using AWE and CPI. TABLE I Financial year f payment W.A. claim payments per insured casualty during each f the fllwing years (claim payments adjusted t 3]6/74 values using AWE index) year f accident 1966/ /68 x968/69 I969/7 197/7I 1971/72 x972/73 x973/74 $ $ $ $ $ $ $ $ t25 I 4 lot xz 3 I24" i24" x x4 33 I a x x I42 I56 x () IiI 93 I I56 98 I Ttal x,42i, x,878 1,716 1,7 9 1,68 x,52 1,7725 1,595 (* fr explan/ttin, see Appendix A).

4 year COMPULSORY THIRD PARTY INSURANCE 6 7 If the apprpriate inflatin index has been used, and the cnditins affecting payments have been stable, level amunts shuld appear in each rw f the abve table. Accrdingly, fr each rw a straight line was fitted n a least squares basis (ignring any values marked with asterisks). This is illustrated in the fllwing graph, where data frm the secnd, third, fifth and sixth rws f Table I, tgether with fitted lines, has been shwn 500 :~ayment per insured casualty 400 rw ,- rws ~- rw6 I I I I I I I I 66.'67 ~, /69 /70 /71 / Fig. i The slpe f each f the fitted lines was tested t see if it was significantly different frm zer. The fllwing table sets ut the slpes f each line tgether with an asterisk if the slpe was significantly different frm zer (at the 5% level). A tw-sided t-test was used, with (n- 2) degrees f freedm, where n was the number f bservatins. Fr bth states, the fitted lines btained using AWE ~ad a mixture f psitive and negative slpes. By cntrast, all but ne f the fitted lines' btained using CPI had psitive slpes. We cnsider this prvides sme indicatin that AWE is a mre suitable inflatin index than CPI in adjusting CTP experience.

5 68 COMPULSORY TIIIRD PARTY INSURANCE TABLE 2 Financial Slpes f trend lines fitted t claim payments per insured year f casualty (claim payments adjusted t 30/6/74 values) payment -- X,V.A. Victria?,,ear f AWE CPI AWE CPI accident index index index index O 1[ 12" --I --I I 2 15" xi 3 ~ I~* 5 7* 9* 29* 32* * 33* Althugh the significance levels between AWE and CPI were incnclusive, we cnsider that the lwer slpes generally prvide further cnfirmatin that AWE is a mre relevant index. 6. TESTS USING DIFFERENT PROPORTIONS UNAFFECTED BY INFLATION The preceding sectin assumes that all payments are affected by inflatin. Hwever, it is pssible that a prprtin f payments (fr example, hspital and medical expenses) is nt affected by inflatin after the accident. TA m.v. 3 Financial Slpes f trend lines fitted t claim payments per insured year f casualty (claim payments adjusted t 3/6/74 values using payment AWE index and assuming that prprtins (p) f payments -- are nt affected by inflatin after the accident) year f W.A. Victria accident p =. p---.2 p = 0. 4 p =. p = 0.2 p =. 4 0 II ]I I! --I --I ~I I II --I~ --it IO x 4 5 7* 8* 0* 29* 33* 37* I * 36* 41.

6 COMPULSORY TItlR1) PARTY INSURANCE 6 9 The fllwing table examines the slpe f fitted lines using AWE as an inflatin index but assuming 20% and 4% f payments are nt affected by inflatin. As in the preceding table, the asterisks indicate the statistical significance f the difference frm zer f the slpes f the fitted lines. The abve results d nt prvide any clear supprt fr any particular chice f p. Mst f the available data, hwever, came frm a perid f lw stable inflatin rates. Data frm a perid f unstable inflatin rates is necessary befre any clear indicatin as t the true value f p can be btained. 7. WEIGtITING FACTOR In rder t reduce tlle effect f year by year fluctuatins, it seems desirable that several years' past experience shuld be cmbined when making estimates fr future experience. Hwever, it is likely that varius changes have ccurred in past years which culd permanently affect future experience, e.g. the grwing use f seat-belts has reduced the severity f rad accidents. Therefre, we cnsider that data frm recent years is likely t be mre reliable than ld data. This suggests that estimates shuld be made using weighted averages f data frm several years, placing mre weight n the mst recent data. A methd by which this can be achieved is described in Appendix 13. This methd invlves the use f a weighting factr in the range t i. Claim payments made "n" years ag are weighted by the factr raised t the pwer (n ~ I). A zer weighting factr nly cnsiders the mst recent year's data, and a weighting factr f I gives a simple mean f the estimates derived frm all the available payment data. 8. EFFECT OF VARYING ASSUMPTIONS T illustrate the effect f yarying assumptins n premium rates and prgisins fr utstanding claims, the fllwing estimates were made fr the Mtr Vehicle Insurance Trust f \,V.A.

7 70 COMPULSORY TIIIRD PARTY INSURANCE TABLE. 4 Premiums Estimates f necessary earned prenliums during I974/75 Weight- High future inflatin Lw future inflatin ing factr AWl:. AWE CPI AWE AWE CPI index, index, iudex, index, imlex, index, p =. p = 0. 4 p = 0.0 p =. p = 0.4 p =. $M $M SM SM $M SM I3.2 [ i. 0.2 ~ r6.o ,4 I I x , Range f estimates 3 % 2 % i i % 4 % 2 / 1 % TABLE 5 Outstanding claims Estimates f prvisins necessary fr utstanding claims at 3/6]74 Weight- High future inflatin Lw future inflatin ing factr AXVE AWE CPI AWE AWE CPI index, index, index, index, index, index, p----. p = 0. 4 p =. p =. p= 0.4 p =. $M $M SM $M SM SM I I. I 37. I 33. t i t.6 3I Range f estimates 3 % 2 % 12 % 3 % 1% 12 % Inflatin was taken int accunt n the fllwing bases: High.future inflatin: AWE increases by 28%, 24%, 2%, 16% and 13% fr years t 1978/79 and lo% p.a. thereafter. Lve future inflatin: AWE increases by 7% fr each future year.

8 C()MPULSORY TIIIRI) PARTY INSURANCE 71 In all cases CPI increases have been taken as 4% p.a. less than thse fr AWE. Tlle abve estimates were made assuming: investment earnings f 9 / p.a. in future claims administratin expenses f I /O f the average prvisin fr utstanding claims during the year average premium delay f ne mnth initial expenses f 1% f premiums prfit and slvency margins f 12.5% f premiums. The abve estimates shw that when high future inflatin is expected, the use f a lw index (such as CPI) can, as wuld be expected, lead t underestimatin f necessary future premiums and prvisins fr utstanding claims. In such cnditins, the use f a mre apprpriate index (such as AWE) but t high a value f p, can als lead t underestimatin. Where a lw index is used, the degree f underestimatin increases as the weighting factr increases. This ccurs because increasing weight is being placed n payments made many years ag, which have nt prperly been cnverted t current values. If lw future inflatin is expected, the use f a lw index can als lead t underestimatin. The use f a mre suitable index, but t high a value f p, may hwever cause very little errr. This is because a high value f p leads t higher claim payments per insured casualty derived frm past data, cmpensating partly r whlly fr the underestimatin f the future effects f inflatin. We cnsider that sme indicatin f the relevance f the inflatin index can be btained frm the range f results btained with different weighting methds. The abve tables shw that the estimates btained using CPI as an index have a much greater spread than thse btained using AWE. If there is reasn t believe that the underlying payment prcess has been stable fr a number f years, then a wide range f estimates resulting frm different weighting methds suggests that an inapprpriate inflatin index has been used. This is nly a rugh criterin, hwever, and it wuld appear unwise t cnclude frm the abve ranges that the use f AWE with p = 0.4 is better than the use ~f AWE with p =.. The abve tables clearly shw tile effect f high inflatin n this class~ f insurance.!i ~

9 72 COMPULSORY TItlRI) PARTY INSURANCE Table I : Table 6 : Table 7 : Table 8 : Financial ),,ear f payment APPENDIX A Claim payments per insured casualty See sectin 5 f text. Western Australia data using CPI t adjust past experience. Victrian data using AWE t adjust past experience. Victrian data using CPI t adjust past experience. "I'A I~L1~ 6 W.A. claim l)ayments per insured casualty during each f the fllwing years (claina payulents adjusted t 3/6/74 values using CPI index) year f accident 1966/67 I967] / /7 197/ / / /74 $ $ $ $ $ $ $ $ q lo2 I12* 118" x ii q loo Ttal 977 1,356 1,299 t,371 1,447 1,352 1,554 1,516 Financial year f payment TABLE 7 Victrian claim pa.yments per insured casualty during each f the fllwing years (claim payments adjusted t 3/6/74 values using A WE index) year f 1965/ I966/ 1967] 1968/ 1969/ 197] 1971/ 1972/ 1973/ accident $ $ $ $ $ $ $ $ $ * ~53" 50* t () I l i

10 COMI'ULSORY TIIIRI) I'ARTY INSURANCE 73 TABLE 8 Financial year f payment year f accident Victrian claim payments per insured casualty during each f the fllwing years (claim payments adjusted t 30/6[74 values using CPI index) x9651 I966/ / 1969/ 197/ I97I/ x972/ 1973/ $ $ $ $ $ $ $ $ $ I 16 I * 49* 48* 193 x96 ~ r4 56x t I I Values marked with an asterisk are suspect, as they depend cnsiderably n the accuracy f adjustments made in rder t remve the effects f n-fault payment schemes. A//the Victrian values are apprximate, as they have been derived frm recrds sub-divided by year f reprting, nt year f accident. APPENDIX ]3 Estimatin meth, ds Let re(k) be the claim payments (in current values) per unit f risk, paid ill the (k w I)th year after the 3rear f accident, which is t be estimated c(j) be the cnversin factr used t cnvert claim payments during the j'th mst recent payment year t current values (assuming that loo% f all payments are directly linked t the inflatin index) e(j) be the expsure t risk in the j'th mst recent accident year p be the prprtin f claim payments nt affected by inflatin after the accident P(j, k) be the claim payments made in the j'th mst recent payment year as a result f accidents in the (k ~ I)th year prir t the payment year

11 ~4 COMPULSORY TilIRD PARTY INSURANCE n be the number f payment years fr which data is available M(j, k) be the estimate f re(k) derived frm P(j, k) w be the weighting" factr used when cmbining values f M(j, k) in rder t make an estimate f re(h) g(i) be the increase in the inflatin index frecast during the i'th future year and F(i, j) be the claim payments in tlle i'th future year resulting frm the j'th mst recent accident year. The estimatin methds used in this paper were: l'(j, k) [ c(j) c(j) ] M(j,/,) - e(j + h-- ~) (~ _ P) + f' c(j) + k -- ~),.(k) = '" F(i, j) = ~(j) ~J-'M(j, k) N wj -~,,~(i + j) [ c(j) P + (i --p)c(j) ri (i k-i

YOUR NEW SOUTH WALES WORKERS COMPENSATION CLAIM

YOUR NEW SOUTH WALES WORKERS COMPENSATION CLAIM Gibney & Gunsn LAWYERS New Suth Wales & Victria YOUR NEW SOUTH WALES WORKERS COMPENSATION CLAIM Nt cvered by the scheme Injuries that ccur n the way t r frm wrk (wrkers wh are injured while driving during

More information

STATEMENT OF. Alice M. Rivlin Director Congressional Budget Office

STATEMENT OF. Alice M. Rivlin Director Congressional Budget Office STATEMENT OF Alice M. Rivlin Directr Cngressinal Budget Office befre the Special Cmmittee n Aging United States Senate June 16, 1981 Mr. Chairman: I am pleased t appear befre this Cmmittee t discuss shrt-term

More information

7 October 2011. Re: Themed Inspection into Third Party Personal Injury Claims. Dear

7 October 2011. Re: Themed Inspection into Third Party Personal Injury Claims. Dear 7 Octber 2011 Re: Themed Inspectin int Third Party Persnal Injury Claims Dear During 2011 the Central Bank f Ireland ( Central Bank ) undertk a themed inspectin prject in relatin t the prcessing f third

More information

THE UNEARNED NO CLAIM BONUS. C. P. WELTEN Amsterdam

THE UNEARNED NO CLAIM BONUS. C. P. WELTEN Amsterdam THE UNEARNED NO CLAIM BONUS C. P. WELTEN Amsterdam I. The claims experience f a mtrcar insurance is assumed t give sme indicatin abut the risk (basic claim frequency) f that insurance. The experience rating

More information

What payments will I need to make during the construction phase? Will the lender advance construction funds prior to the work being completed?

What payments will I need to make during the construction phase? Will the lender advance construction funds prior to the work being completed? Q&A What is a cnstructin lan? A cnstructin lan prvides the financing fr the cnstructin f yur new hme. Cnstructin lans may be structured as a single r tw-settlement transactin. Cnstructin lans culd include

More information

Whenever practicable, the cap should be discussed and specifically agreed with the other party. This is discussed further below, see Agreeing a cap.

Whenever practicable, the cap should be discussed and specifically agreed with the other party. This is discussed further below, see Agreeing a cap. Liability Briefing updated Octber 2008 Managing liability thrugh financial caps 26 Stre Street Lndn WC1E 7BT Tel: 020 7399 7400 Fax: 020 399 7425 Every well-run business must manage the risks that it faces

More information

Fiscal Operation of Service Centers

Fiscal Operation of Service Centers Oregn University System Fiscal Plicy Manual Fiscal Operatin f Service Centers Sectin: Accunting and Financial Reprting Number: 05.713 Title: Fiscal Operatin f Service Centers Index POLICY.100 POLICY STATEMENT.110

More information

VET FEE-HELP Frequently Asked Questions for Students May 2010

VET FEE-HELP Frequently Asked Questions for Students May 2010 Hw d I apply? VET FEE-HELP Frequently Asked Questins fr Students May 2010 If yu are eligible fr VET FEE-HELP assistance and wuld like t btain a VET FEE-HELP lan, yu shuld btain a Request fr VET FEE-HELP

More information

STUDIO DESIGNER. Accounting 3 Participant

STUDIO DESIGNER. Accounting 3 Participant Accunting 3 Participant Thank yu fr enrlling in Accunting 3 fr Studi Designer and Studi Shwrm. Please feel free t ask questins as they arise. If we start running shrt n time, we may hld ff n sme f them

More information

Our ref: Accident Compensation / Tort Law Committee 22 March 2013. OPERATION OF QUEENSLAND S WORKERS COMPENSATION SCHEME Additional Submission

Our ref: Accident Compensation / Tort Law Committee 22 March 2013. OPERATION OF QUEENSLAND S WORKERS COMPENSATION SCHEME Additional Submission Our ref: Accident Cmpensatin / Trt Law Cmmittee 22 March 2013 The Research Directr Finance and Administratin Cmmittee Parliament Huse Gerge Street BRISBANE QLD 4000 Dear Research Directr By email: fac@parliament.qld.gv.au

More information

Guidance for Financial Analysts to model the impact of aircraft noise on Flughafen Zürich AG s financial statements

Guidance for Financial Analysts to model the impact of aircraft noise on Flughafen Zürich AG s financial statements Guidance fr Financial Analysts t mdel the impact f aircraft nise n Flughafen Zürich AG s financial statements Zurich Airprt, March 17, 2015 Intrductin The bjective f this dcument is t explain the impact

More information

THE EMPLOYMENT LAW DISPUTE SPECIALISTS DAMAGES BASED AGREEMENT. Your Employment Tribunal claim relating to your employment with...

THE EMPLOYMENT LAW DISPUTE SPECIALISTS DAMAGES BASED AGREEMENT. Your Employment Tribunal claim relating to your employment with... THE EMPLOYMENT LAW DISPUTE SPECIALISTS DAMAGES BASED AGREEMENT 1. What is cvered by this agreement Yur Emplyment Tribunal claim relating t yur emplyment with... 2. What is nt cvered by this agreement 2.1

More information

CFD AND SPOT FOREX TERMS: DEPOSIT ACCOUNTS

CFD AND SPOT FOREX TERMS: DEPOSIT ACCOUNTS 1. Structure 1.1 When we engage in cfd r spt frex trading with yu, we d s n the basis f: - ur General Terms; these terms, i.e. ur CFD and Spt Frex Terms. 1.2 The CFD and Spt Frex Terms deal with matters

More information

Information Bulletin PT 204/09.15

Information Bulletin PT 204/09.15 Infrmatin Bulletin PT 204/09.15 Operatr Accreditatin fr Limusine Services What is peratr accreditatin? The Transprt Operatins (Passenger Transprt) Act 1994 requires peratrs f public passenger services

More information

March 2016 Group A Payment Issues: Missing Information-Loss Calculation letters ( MILC ) - deficiency resolutions: Outstanding appeals:

March 2016 Group A Payment Issues: Missing Information-Loss Calculation letters ( MILC ) - deficiency resolutions: Outstanding appeals: The fllwing tpics were discussed in the March 24, 2016 meeting with law firms representing VCF claimants. Grup A Payment Issues: We cntinue t fcus n paying Grup A claims in full and are meeting the schedule

More information

What Does Specialty Own Occupation Really Mean?

What Does Specialty Own Occupation Really Mean? What Des Specialty Own Occupatin Really Mean? Plicy definitins are cnfusing, nt nly t cnsumers but als t many f the insurance prfessinals wh sell them. Belw we will try t prvide an understandable explanatin

More information

4370.4 REV-1. cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities.

4370.4 REV-1. cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. CHAPTER 5 STATEMENT OF CASH FLOWS IN DETAIL 5-1 Cash is the lifebld f any nging cncern. Cash is INTRODUCTION the fuel that keeps the business aflat. As was stated in Chapter 2, the Balance Sheet and the

More information

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES

UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES UNIVERSITY OF CALIFORNIA MERCED PERFORMANCE MANAGEMENT GUIDELINES REFERENCES AND RELATED POLICIES A. UC PPSM 2 -Definitin f Terms B. UC PPSM 12 -Nndiscriminatin in Emplyment C. UC PPSM 14 -Affirmative

More information

Small Business, Enterprise and Employment Bill: Insolvency fact sheets Contents

Small Business, Enterprise and Employment Bill: Insolvency fact sheets Contents 1 Small Business, Enterprise and Emplyment Bill: Inslvency fact sheets Cntents Directr Disqualificatin and Inslvency General Aims... 2 Administratin: sales t cnnected persns (prepack administratins)...

More information

INCOME TAX INSURANCE PERSONAL SICKNESS AND ACCIDENT INSURANCE TAKEN OUT BY EMPLOYEE WITH EMPLOYER PAYING THE PREMIUMS ON EMPLOYEE S BEHALF

INCOME TAX INSURANCE PERSONAL SICKNESS AND ACCIDENT INSURANCE TAKEN OUT BY EMPLOYEE WITH EMPLOYER PAYING THE PREMIUMS ON EMPLOYEE S BEHALF QUESTION WE VE BEEN ASKED QB 15/09 INCOME TAX INSURANCE PERSONAL SICKNESS AND ACCIDENT INSURANCE TAKEN OUT BY EMPLOYEE WITH EMPLOYER PAYING THE PREMIUMS ON EMPLOYEE S BEHALF All legislative references

More information

FTE is defined as an employee who is employed on average at least 30 hours of service per week.

FTE is defined as an employee who is employed on average at least 30 hours of service per week. On March 23, 2010, President Barack Obama signed int law cmprehensive health care refrm legislatin, the Patient Prtectin and Affrdable Care Act (H.R. 3590) passed in the Senate. The Health Care and Educatin

More information

Personal Data Security Breach Management Policy

Personal Data Security Breach Management Policy Persnal Data Security Breach Management Plicy 1.0 Purpse The Data Prtectin Acts 1988 and 2003 impse bligatins n data cntrllers in Western Care Assciatin t prcess persnal data entrusted t them in a manner

More information

Draft for consultation

Draft for consultation Draft fr cnsultatin Draft Cde f Practice n discipline and grievance May 2008 Further infrmatin is available frm www.acas.rg.uk CONSULTATION ON REVISED ACAS CODE OF PRACTICE ON DISCIPLINE AND GRIEVANCE

More information

Enterprise Investment Scheme. Tax efficiency for investors

Enterprise Investment Scheme. Tax efficiency for investors Enterprise Investment Scheme Tax efficiency fr investrs Intrductin Welcme t Keyntes. Keyntes is a mnthly event and publicatin t help early stage businesses get t grips with key legal issues. A bit abut

More information

How to put together a Workforce Development Fund (WDF) claim 2015/16

How to put together a Workforce Development Fund (WDF) claim 2015/16 Index Page 2 Hw t put tgether a Wrkfrce Develpment Fund (WDF) claim 2015/16 Intrductin What eligibility criteria d my establishment/s need t meet? Natinal Minimum Data Set fr Scial Care (NMDS-SC) and WDF

More information

U. S. Department of Housing and Urban Development Washington, D.C. 20410-8000. December 20, 2000

U. S. Department of Housing and Urban Development Washington, D.C. 20410-8000. December 20, 2000 U. S. Department f Husing and Urban Develpment Washingtn, D.C. 20410-8000 December 20, 2000 OFFICE OF THE ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER MORTGAGEE LETTER 00-46 TO: ALL APPROVED

More information

The ad hoc reporting feature provides a user the ability to generate reports on many of the data items contained in the categories.

The ad hoc reporting feature provides a user the ability to generate reports on many of the data items contained in the categories. 11 This chapter includes infrmatin regarding custmized reprts that users can create using data entered int the CA prgram, including: Explanatin f Accessing List Screen Creating a New Ad Hc Reprt Running

More information

Heythrop College Disciplinary Procedure for Support Staff

Heythrop College Disciplinary Procedure for Support Staff Heythrp Cllege Disciplinary Prcedure fr Supprt Staff Intrductin 1. This prcedural dcument des nt apply t thse academic-related staff wh are mentined in the Cllege s Ordinance, namely the Librarian and

More information

LASA. Swansea s Credit Union. Loan Application Form. Loans and Savings Abertawe

LASA. Swansea s Credit Union. Loan Application Form. Loans and Savings Abertawe LASA Lans and Savings Abertawe Swansea s Credit Unin Lan Applicatin Frm Frequently Asked Questins YOUR QUESTIONS ANSWERED PLEASE READ CAREFULLY Hw much can I brrw? The amunt f any lan granted is subject

More information

How much life insurance do I need? Wrong question!

How much life insurance do I need? Wrong question! Hw much life insurance d I need? Wrng questin! We are ften asked this questin r sme variatin f it. We believe it is NOT the right questin t ask. What yu REALLY need is mney, cash. S the questin shuld be

More information

Special Tax Notice Regarding 403(b) (TSA) Distributions

Special Tax Notice Regarding 403(b) (TSA) Distributions Special Tax Ntice Regarding 403(b) (TSA) Distributins P.O. Bx 7893 Madisn, WI 53707-7893 1-800-279-4030 Fax: (608) 237-2529 The IRS requires us t prvide yu with a cpy f the Explanatin f Direct Rllver,

More information

Spread Bet Terms: Deposit Accounts

Spread Bet Terms: Deposit Accounts Spread Bet Terms: Depsit Accunts 1. Structure 1.1 When we engage in Spread Betting with yu, we d s n the basis f: - ur General Terms; these terms, i.e. ur Spread Terms. 1.2 The Spread Terms deal with matters

More information

BRILL s Editorial Manager (EM) Manual for Authors Table of Contents

BRILL s Editorial Manager (EM) Manual for Authors Table of Contents BRILL s Editrial Manager (EM) Manual fr Authrs Table f Cntents Intrductin... 2 1. Getting Started: Creating an Accunt... 2 2. Lgging int EM... 3 3. Changing Yur Access Cdes and Cntact Infrmatin... 3 3.1

More information

IFRS Discussion Group

IFRS Discussion Group IFRS Discussin Grup Reprt n the Public Meeting February 26, 2014 The IFRS Discussin Grup is a discussin frum nly. The Grup s purpse is t assist the Accunting Standards Bard (AcSB) regarding issues arising

More information

Equal Pay Audit 2014 Summary

Equal Pay Audit 2014 Summary Equal Pay Audit 2014 Summary Abut the dcument The fllwing summary is an abridged versin f Ofcm s equal pay audit 2014. In the full versin f the reprt we set ut ur key findings, cmment n any issues arising

More information

STANDARDS OF THE MINNESOTA LEMON LAW

STANDARDS OF THE MINNESOTA LEMON LAW STANDARDS OF THE MINNESOTA LEMON LAW The fllwing is a brief explanatin f mst relevant prvisins f the Minnesta lemn law. The cmplete text f the lemn law can be fund at Minn. Stat. Ann Sec. 325F.665. VEHICLES

More information

Spread Bet Terms: Deposit Accounts

Spread Bet Terms: Deposit Accounts Spread Bet Terms: Depsit Accunts 1. Structure 1.1 When we engage in Spread Betting with yu, we d s n the basis f: - ur General Terms; these terms, i.e. ur Spread Terms. 1.2 The Spread Terms deal with matters

More information

Key Steps for Organizations in Responding to Privacy Breaches

Key Steps for Organizations in Responding to Privacy Breaches Key Steps fr Organizatins in Respnding t Privacy Breaches Purpse The purpse f this dcument is t prvide guidance t private sectr rganizatins, bth small and large, when a privacy breach ccurs. Organizatins

More information

Business Plan Overview

Business Plan Overview Business Plan Overview Organizatin and Cntent Summary A business plan is a descriptin f yur business, including yur prduct yur market, yur peple and yur financing needs. Yu shuld cnsider that a well prepared

More information

This report provides Members with an update on of the financial performance of the Corporation s managed IS service contract with Agilisys Ltd.

This report provides Members with an update on of the financial performance of the Corporation s managed IS service contract with Agilisys Ltd. Cmmittee: Date(s): Infrmatin Systems Sub Cmmittee 11 th March 2015 Subject: Agilisys Managed Service Financial Reprt Reprt f: Chamberlain Summary Public Fr Infrmatin This reprt prvides Members with an

More information

Statistical Analysis (1-way ANOVA)

Statistical Analysis (1-way ANOVA) Statistical Analysis (1-way ANOVA) Cntents at a glance I. Definitin and Applicatins...2 II. Befre Perfrming 1-way ANOVA - A Checklist...2 III. Overview f the Statistical Analysis (1-way tests) windw...3

More information

Employee Benefits Liability Policy

Employee Benefits Liability Policy Plicy 10/3084 part 3 Emplyee Benefits Liability Plicy Summary Publicatin Date March 2015 Review Date March 2016 Related Legislatin/Applicable Sectin f Legislatin Related Plicies, Prcedures, Guidelines,

More information

Information Guide Booklet. Home Loans

Information Guide Booklet. Home Loans Infrmatin Guide Bklet Hme Lans This Infrmatin Guide bklet prvides yu with general infrmatin nly. It will als help yu t better understand any recmmendatins we have made fr yu. Infrmatin Guide Hme Lans January

More information

Public consultation paper

Public consultation paper Public cnsultatin paper Nvember 2012 Public cnsultatin n guidelines fr prfessinal indemnity insurance arrangements fr nurses and nurse practitiners. Please prvide feedback by email t: nmbafeedback@ahpra.gv.au

More information

In this chapter, you will learn to use net present value analysis in cost and price analysis.

In this chapter, you will learn to use net present value analysis in cost and price analysis. 9.0 - Chapter Intrductin In this chapter, yu will learn t use net present value analysis in cst and price analysis. Time Value f Mney. The time value f mney is prbably the single mst imprtant cncept in

More information

LASTING POWER OF ATTORNEY EXPLANATORY LEAFLET

LASTING POWER OF ATTORNEY EXPLANATORY LEAFLET LASTING POWER OF ATTORNEY EXPLANATORY LEAFLET A Pwer f Attrney is a legal dcument where a persn gives anther persn r persns (the Attrney) authrity t make certain decisins n his r her behalf. A Lasting

More information

Copyrights and Trademarks

Copyrights and Trademarks Cpyrights and Trademarks Sage One Accunting Cnversin Manual 1 Cpyrights and Trademarks Cpyrights and Trademarks Cpyrights and Trademarks Cpyright 2002-2014 by Us. We hereby acknwledge the cpyrights and

More information

R o t h IRAs : How They W o r k and How to Use Them

R o t h IRAs : How They W o r k and How to Use Them R t h IRAs : Hw They W r k and Hw t Use Them Rth IRAs differ frm ther tax-favred retirement plans, including ther IRAs (called "traditinal IRAs"), in that they prmise cmplete tax exemptin n distributin.

More information

Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses

Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses Disclsures abut the Credit Quality f Financing Receivables and the Allwance fr Credit Lsses During July 2010 the FASB issued Accunting Standards Update 2010-20 Disclsures abut the Credit Quality f Financing

More information

Watlington and Chalgrove GP Practice - Patient Satisfaction Survey 2011

Watlington and Chalgrove GP Practice - Patient Satisfaction Survey 2011 Watlingtn and Chalgrve GP - Patient Satisfactin Survey 2011 Backgrund During ne week in Nvember last year patients attending either the Chalgrve r the Watlingtn surgeries were asked t cmplete a survey

More information

Disability Support Pension medical appeals. What are the medical criteria for Disability Support Pension?

Disability Support Pension medical appeals. What are the medical criteria for Disability Support Pension? Disability Supprt Pensin factsheet Disability Supprt Pensin medical appeals If yur applicatin fr Disability Supprt Pensin has been rejected n medical grunds, yu have the right t appeal. This factsheet

More information

Employer Dashboard Guide

Employer Dashboard Guide Emplyer Dashbard Guide A step-by-step guide t the functinalities and capabilities f the Emplyer Dashbard We make it easy fr yu t manage yur plan using the Emplyer Dashbard. Each user assigned with an Administratr

More information

1.3. The Mean Temperature Difference

1.3. The Mean Temperature Difference 1.3. The Mean Temperature Difference 1.3.1. The Lgarithmic Mean Temperature Difference 1. Basic Assumptins. In the previus sectin, we bserved that the design equatin culd be slved much easier if we culd

More information

E.ON UK plc v Gilesports Limited : Section 1(3) of the Landlord and Tenant Act 1988 BRIEFING. Introduction

E.ON UK plc v Gilesports Limited : Section 1(3) of the Landlord and Tenant Act 1988 BRIEFING. Introduction E.ON UK plc v Gilesprts Limited : Sectin 1(3) f the Landlrd and Tenant Act 1988 BRIEFING Intrductin A tenant applicatin fr cnsent t assign a lease can smetimes prve a fractius affair and can strain relatins

More information

Spread Bet Terms: Deposit Accounts

Spread Bet Terms: Deposit Accounts Spread Bet Terms: Depsit Accunts 1. Structure 1.1 When we engage in Spread Betting with yu, we d s n the basis f: - ur General Terms; these terms, i.e. ur Spread Terms. 1.2 The Spread Terms deal with matters

More information

A Guide to Understanding and Claiming the Disability Tax Credit:

A Guide to Understanding and Claiming the Disability Tax Credit: A Guide t Understanding and Claiming the Disability Tax Credit: The Gvernment f Canada ffers a variety f tax benefits t peple with disabilities. These benefits are prvided under the assumptin that peple

More information

Your application binds neither yourself nor ING Belgium until the loan agreement has been signed in your ING branch, and after verification by ING.

Your application binds neither yourself nor ING Belgium until the loan agreement has been signed in your ING branch, and after verification by ING. Frequently Asked Questins My applicatin fr an ING lan has been accepted. S, where d I have t g t sign the agreements? What is the minimum term fr an instalment lan? What is the maximum term fr an instalment

More information

ANTI MONEY LAUNDERING POLICY

ANTI MONEY LAUNDERING POLICY What is mney laundering? ANTI MONEY LAUNDERING POLICY 1. Mney laundering is where mney btained, as a result f a crime, is used t pay fr services r gds. Althugh the term mney laundering is usually assciated

More information

UBC Restricted Faculty Second Mortgage Loan Program Description of Key Terms

UBC Restricted Faculty Second Mortgage Loan Program Description of Key Terms UBC Restricted Faculty Secnd Mrtgage Lan Prgram Descriptin f Key Terms Updated February 4, 2014 The Restricted Resale Capped Appreciatin Prgram is ne f tw ptins in UBC s Hme Ownership Prgram intended t

More information

IMHU-HRM-A February 15, 2012 PAI SOP. Ft. Huachuca Personnel Asset Inventory - SOP

IMHU-HRM-A February 15, 2012 PAI SOP. Ft. Huachuca Personnel Asset Inventory - SOP Ft. Huachuca Persnnel Asset Inventry - SOP I. Respnsible agencies are: Unit Battalin r separate cmpany S1 (S1) Brigade S1 Military Persnnel Divisin (MPD) Persnnel Autmatin Sectin (PAS) G1, AG, Military

More information

SINGLE PUBLIC SERVICE PENSION SCHEME GENERAL OUTLINE OF STANDARD TERMS

SINGLE PUBLIC SERVICE PENSION SCHEME GENERAL OUTLINE OF STANDARD TERMS SINGLE PUBLIC SERVICE PENSION SCHEME GENERAL OUTLINE OF STANDARD TERMS January 2013 This is a summary guide t the Single Public Service Pensin Scheme and shuld be read alngside r in cnjunctin with the

More information

The Family Cost Share system is designed so families with the ability to pay will share in the cost of services.

The Family Cost Share system is designed so families with the ability to pay will share in the cost of services. Paying fr Early Childhd Interventin Services What is ECI? Texas Early Childhd Interventin (ECI) prgrams serve families with children birth t 36 mnths with develpmental delays r disabilities. ECI prvides

More information

Transportation Allowance Program

Transportation Allowance Program Transprtatin Allwance Prgram Respnsibilities, Prcedures and Guidelines I. INTRODUCTION This manual describes respnsibilities, prcedures and guidelines (including vehicle specificatins and reimbursable

More information

Key Solar Lease Considerations for Landowners Tiffany Dowell Lashmet, Texas A&M Agrilife Extension. To which estate does the sun belong?

Key Solar Lease Considerations for Landowners Tiffany Dowell Lashmet, Texas A&M Agrilife Extension. To which estate does the sun belong? Key Slar Lease Cnsideratins fr Landwners Tiffany Dwell Lashmet, Texas A&M Agrilife Extensin In the last few mnths, I have heard frm several Texas landwners wh have been cntacted by slar cmpanies seeking

More information

North Carolina Department of Commerce Division of Employment Security

North Carolina Department of Commerce Division of Employment Security Nrth Carlina Department f Cmmerce Divisin f Emplyment Security Pat McCrry, Gvernr Sharn Allred Decker, Secretary Dale R. Flwell, Assistant Secretary May 20, 2013 TO: FROM: SUBJECT: Nrth Carlina Emplyers,

More information

All Harvard University schools, tubs, local units, Affiliate Institutions, Allied Institutions and University-wide Initiatives.

All Harvard University schools, tubs, local units, Affiliate Institutions, Allied Institutions and University-wide Initiatives. HARVARD UNIVERSITY FINANCIAL POLICY INDEPENDENT CONTRACTOR CLASSIFICATION Plicy Title: Independent Cntractr Respnsible Office: ERP and UFS Effective Date: Octber 4, 2000 Revisin Date: May 12, 2009 Plicy

More information

Trends and Considerations in Currency Recycle Devices. What is a Currency Recycle Device? November 2003

Trends and Considerations in Currency Recycle Devices. What is a Currency Recycle Device? November 2003 Trends and Cnsideratins in Currency Recycle Devices Nvember 2003 This white paper prvides basic backgrund n currency recycle devices as cmpared t the cmbined features f a currency acceptr device and a

More information

Hearing Loss Regulations Vendor information pack

Hearing Loss Regulations Vendor information pack Hearing Lss Regulatins Vendr infrmatin pack Nvember 2010 Implementing the Accident Cmpensatin (Apprtining Entitlements fr Hearing Lss) Regulatins 2010 The Minister fr ACC, the Hn. Dr Nick Smith, has annunced

More information

Accounting Guidelines for Not-For- Profit Organizations

Accounting Guidelines for Not-For- Profit Organizations Accunting Guidelines fr Nt-Fr- Prfit Organizatins Table f Cntents Intrductin... 2 Banking Infrmatin... 2 Cash Receipts... 2 Depsit Bk... 2 Cheque Disbursements Jurnal... 3 Cheque bk... 3 Petty Cash...

More information

Group Term Life Insurance: Table I Straddle Testing and Imputed Income for Dependent Life Insurance

Group Term Life Insurance: Table I Straddle Testing and Imputed Income for Dependent Life Insurance An American Benefits Cnsulting White Paper American Benefits Cnsulting, LLC 99 Park Ave, 25 th Flr New Yrk, NY 10016 212 716-3400 http://www.abcsys.cm Grup Term Life Insurance: Table I Straddle Testing

More information

Financial Planning Agreement

Financial Planning Agreement Financial Planning Agreement This Financial Planning Agreement, the ( Agreement ), dated as f, 20, is by and between Vulcan Investments LLC, 2100 SuthBridge Pkwy, Suite 650 Birmingham, AL. 35209, an investment

More information

Statement of Cash Flows

Statement of Cash Flows C H A P T E R 16 Statement f Cash Flws Financial Accunting 14e Warren Reeve Duchac human/istck/360/getty Images Reprting Cash Flws (slide 1 f 3) The statement f cash flws reprts a cmpany s cash inflws

More information

Professional indemnity insurance arrangements for enrolled nurses, registered nurses and nurse practitioners

Professional indemnity insurance arrangements for enrolled nurses, registered nurses and nurse practitioners Guideline August 2013 Prfessinal indemnity insurance arrangements fr enrlled nurses, registered nurses and nurse practitiners Intrductin This guideline has been develped by the Nursing and Midwifery Bard

More information

WORKPLACE INJURY/ILLNESS/INCIDENT INVESTIGATION & REPORTING POLICY (BC VERSION)

WORKPLACE INJURY/ILLNESS/INCIDENT INVESTIGATION & REPORTING POLICY (BC VERSION) WORKPLACE INJURY/ILLNESS/INCIDENT INVESTIGATION & REPORTING POLICY (BC VERSION) Intrductin: Hw t Use This Tl As d all ther jurisdictins, BC requires emplyers t investigate and reprt specific kinds f wrkplace

More information

MONTHLY PREMIUM OPTIONS

MONTHLY PREMIUM OPTIONS GROUP FUNERAL SCHEME BROKERS FSP35033 TEL: (021) 919 1861 VOX: 087 808 3007 FAX: (021) 9195072 / 086 628 0359 Email: inf@insurancepartners.c.za Web: www.insurancepartners.c.za Up t R20000 fr all persns

More information

ES PROCEDURES FOR OVERPAYMENT RECOVERY

ES PROCEDURES FOR OVERPAYMENT RECOVERY ES PROCEDURES FOR OVERPAYMENT RECOVERY Effective: 7/1/2012 Respnsible Office: Emplyee Services (ES) Apprved: ES Directr Applicatin: All Emplyees f the University f Clrad Plicy The University f Clrad will

More information

Please provide a 2-3 sentence summary of your proposal: Financial Profile of Organization:

Please provide a 2-3 sentence summary of your proposal: Financial Profile of Organization: Name f Applicant Organizatin: Address: City, State, Zip: Phne: Fax: Email: Primary Cntact & Title: Federal EIN Number: Website: Age f Organizatin: Please prvide a 2-3 sentence summary f yur prpsal: Financial

More information

If I am arrested, does this mean that I am considered guilty of a criminal offence?

If I am arrested, does this mean that I am considered guilty of a criminal offence? What is cnsidered a crime in Canada? Mst criminal acts in Canada are listed and defined in the Criminal Cde f Canada. Hwever, sme are als listed in ther laws, such as the Cntrlled Drugs and Substances

More information

Fund Accounting Class II

Fund Accounting Class II Fund Accunting Class II BS&A Fund Accunting Class II Cntents Gvernmental Financial Reprting Mdel - Minimum GAAP Reprting Requirements... 1 MD&A (Management's Discussin and Analysis)... 1 Basic Financial

More information

NAVIPLAN PREMIUM LEARNING GUIDE. Analyze, compare, and present insurance scenarios

NAVIPLAN PREMIUM LEARNING GUIDE. Analyze, compare, and present insurance scenarios NAVIPLAN PREMIUM LEARNING GUIDE Analyze, cmpare, and present insurance scenaris Cntents Analyze, cmpare, and present insurance scenaris 1 Learning bjectives 1 NaviPlan planning stages 1 Client case 2 Analyze

More information

CONTENTS UNDERSTANDING PPACA. Implications of PPACA Relative to Student Athletes. Institution Level Discussion/Decisions.

CONTENTS UNDERSTANDING PPACA. Implications of PPACA Relative to Student Athletes. Institution Level Discussion/Decisions. This dcument is intended t prvide NCAA member institutins with an infrmatinal guide regarding the ptential implicatins f the Patient Prtectin and Affrdable Care Act f 2010 (PPACA) when fully implemented

More information

INTERNATIONAL STANDARD ON AUDITING 265 COMMUNICATING DEFICIENCIES IN INTERNAL CONTROL TO THOSE CHARGED WITH GOVERNANCE AND MANAGEMENT CONTENTS

INTERNATIONAL STANDARD ON AUDITING 265 COMMUNICATING DEFICIENCIES IN INTERNAL CONTROL TO THOSE CHARGED WITH GOVERNANCE AND MANAGEMENT CONTENTS INTERNATIONAL STANDARD ON AUDITING 265 COMMUNICATING DEFICIENCIES IN INTERNAL CONTROL TO THOSE CHARGED WITH GOVERNANCE AND MANAGEMENT (Effective fr audits f financial statements fr perids beginning n r

More information

Spread Bet Terms: Deposit Accounts

Spread Bet Terms: Deposit Accounts Spread Bet Terms: Depsit Accunts 1. Structure 1.1 When we engage in Spread Betting with yu, we d s n the basis f: - ur General Terms; these terms, i.e. ur Spread Terms. 1.2 The Spread Terms deal with matters

More information

To help you, most jobs with application forms make the criteria they measure against explicit, this is either by:

To help you, most jobs with application forms make the criteria they measure against explicit, this is either by: Applicatin Frms Applicatin Frms Applicatin frms are used as a way f selecting between applicants. Sme jbs can be extremely cmpetitive, with sme graduate training schemes attracting thusands f applicatins

More information

Retirement Age Of 65 To Stay... For Now

Retirement Age Of 65 To Stay... For Now Retirement Age Of 65 T Stay... Fr Nw The High Curt has recently ruled n the validity f a cmpulsry retirement age f 65 under UK age discriminatin legislatin The Emplyment Equality (Age) Regulatins 2006

More information

RE: Operational Standards for the Cancer Waiting Times Commitments

RE: Operational Standards for the Cancer Waiting Times Commitments 30 July 2009 T: Strategic Health Authrity Chief Executives Primary Care Trust Chief Executives NHS Trust Chief Executives CC: Care Quality Cmmissin Mnitr NHS Imprvement Natinal Cancer Actin Team Strategic

More information

OECD-NEA Study Cost of Nuclear Accidents-liabilities Issues and their Impact on Electricity Costs

OECD-NEA Study Cost of Nuclear Accidents-liabilities Issues and their Impact on Electricity Costs OECD-NEA Study Cst f Nuclear Accidents-liabilities Issues and their Impact n Electricity Csts Wrkshp Appraches t estimatin f the csts f nuclear accidents May 28-29, 2013 OECD/NEA Headquarters, Issy-les-Mulineaux,

More information

The Patient Choice, Affordability, Responsibility, and Empowerment Act

The Patient Choice, Affordability, Responsibility, and Empowerment Act The Patient Chice, Affrdability, Respnsibility, and Empwerment Act January 30, 2014 In January 2014, Senatrs Richard Burr (NC), Tm Cburn (OK), and Orrin Hatch (UT) made public a prpsal the Patient Chice,

More information

Notice of Protection Provided by Utah Life and Health Insurance Guaranty Association

Notice of Protection Provided by Utah Life and Health Insurance Guaranty Association Ntice f Prtectin Prvided by Utah Life and Health Insurance Guaranty Assciatin This ntice prvides a brief summary f the Utah Life and Health Insurance Guaranty Assciatin ("the Assciatin") and the prtectin

More information

EMPOWERING LOCAL BUSINESS TO ACCESS FUNDING. PARTIAL CREDIT GUARANTEE and SUPPLY CHAIN FINANCING

EMPOWERING LOCAL BUSINESS TO ACCESS FUNDING. PARTIAL CREDIT GUARANTEE and SUPPLY CHAIN FINANCING EMPOWERING LOCAL BUSINESS TO ACCESS FUNDING PARTIAL CREDIT GUARANTEE and SUPPLY CHAIN FINANCING Cntents Mandate f the Lesth Natinal Develpment Crpratin Backgrund Enterprise Develpment Facility Partial

More information

Writing a Project Management Plan

Writing a Project Management Plan Writing a Prject Management Plan Wh is this Guidance Fr? This guidance is fr anyne cmpleting a Prject Management Plan in supprt f a Full Applicatin fr prject funding frm Advantage West Midlands. What is

More information

CFD and Spot Forex Terms: Deposit Accounts

CFD and Spot Forex Terms: Deposit Accounts CFD and Spt Frex Terms: Depsit Accunts 1. Structure 1.1 When we engage in CFD r Spt Frex trading with yu, we d s n the basis f: - ur General Terms; these terms, i.e. ur CFD and Spt Frex Terms. 1.2 The

More information

Welcome to CNIPS Training: CACFP Claim Entry

Welcome to CNIPS Training: CACFP Claim Entry Welcme t CNIPS Training: CACFP Claim Entry General Cmments frm SCN CACFP claiming begins with submissin f the Octber claim due by Nvember 15, 2012. Timelines/Due Dates With CNIPS, SCN will cntinue t enfrce

More information

FINAL DECISION. Mr and Mrs B complaint about: complaint by: the firm complaint reference: date of decision: November 2008. summary of complaint

FINAL DECISION. Mr and Mrs B complaint about: complaint by: the firm complaint reference: date of decision: November 2008. summary of complaint FINAL DECISION cmplaint by: Mr and Mrs B cmplaint abut: the firm cmplaint reference: date f decisin: Nvember 2008 summary f cmplaint This final decisin is issued by me, Tny Brman, an mbudsman with the

More information

Life Maker Pension Plan

Life Maker Pension Plan COVER PAGE Life Maker Pensin Plan IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. A pensin plan that helps yu plan yur secnd innings. INSIDE PAGES The Life Maker

More information

ADMINISTRATION AND FINANCE POLICIES AND PROCEDURES TABLE OF CONTENTS

ADMINISTRATION AND FINANCE POLICIES AND PROCEDURES TABLE OF CONTENTS CONTROL Revisin Date: 1/21/03 TABLE OF CONTENTS 10.01 OVERVIEW OF ACCOUNTING FOR INVESTMENT IN PLANT... 2 10.01.1 CURRENT POLICY... 2 10.02 INVENTORY MAINTENANCE AND CONTROL... 3 10.02.1 PROCEDURES FOR

More information

FINANCE SCRUTINY SUB-COMMITTEE

FINANCE SCRUTINY SUB-COMMITTEE REPORT FOR: PERFORMANCE AND FINANCE SCRUTINY SUB-COMMITTEE Date f Meeting: 6 January 2015 Subject: Staff Survey and Sickness Absence Mnitring Results and Actin plans Respnsible Officer: Scrutiny Lead Member

More information

Competitive Intelligence Report - Market Snapshot Explanations of Numbers Suggestions and Tips

Competitive Intelligence Report - Market Snapshot Explanations of Numbers Suggestions and Tips Cmpetitive Intelligence Reprt - Market Snapsht Explanatins f Numbers Suggestins and Tips The infrmatin cntained in the tw sectins f the Cmpetitive Intelligence Reprt fr each gegraphic regin is f the highest

More information