AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

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BM co

17th December 1976
Page 6
Page 6, 17th December 1976 — BM co
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THE Road Transport Indu Training Board will pay the maximum value of eac its points in the levy and g system.

Value of the point worked out by the amour levy collected from each tor of the industry and amount paid out in grant each sector.

The system allows accounts of each sector of industry to be balanc ensuring that one sector's I does not subsidise anoi sector's grant.

Employers will get a St ment from the board say how their sector of industry stands. With it wil either a bill, if the grant outstripped levy, or a che from the board if the lev: higher than the grants paid Value per point varies each sector from £1.50 for agricultural machinery sec to £5.70 in the removals sec Road haulage stands at point and passenger transp at £2.75.


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