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Pension an asset to new start-up

17th January 2002
Page 19
Page 19, 17th January 2002 — Pension an asset to new start-up
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Which of the following most accurately describes the problem?

A Lancashire haulier who wound up his company to so that he could access his pension fund has been granted an 0-licence in his own name.

George Rimmer, trading as George Rimmer Transport. of Ormskirk, appeared before North Western Traffic Commissioner Beverley Bell seeking a new international licence for three vehicles and three trailers. He was currently operating under interim authority.

For Rimmer, Gary Hodgson said he had become a sole trader having previously operated as a limited company. The company had been wound up and surrendered its Operator's Licence so Rimmer could gain access to his substantial pension fund. He wanted to operate two vehicles and two trailers on refrigerated work, employing one driver and driving the other himself, Vehicle examiner Andrew Lees said a maintenance investi gatIon in July had revealed problems with the driver defec1 reporting system and thE inspection intervals. The inspec. tion records did not show an brake tests and the driver defect reporting system seemed to have ceased ir January 2000.

Rimmer maintained that thE reporting system had sines been modified with drivers mak. ing daily reports.

Since the vehicle examiner visit he had disposed of his owr vehicles and trailers and war hiring in newer vehicles Maintenance was being con tracted out and a consultan would provide training ant audit the maintenance foui times a year.

The TO granted a licencE subject to undertakings tha roller brake tests will be carrier out four times a year to annua test standards; that the vehicIE will be inspected every Si: weeks; and that a drivers' ni daily defect reporting systen will be used.