Last chance to produce accounts
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• Harris Transport (Merthyr) has been given one last chance to produce financial information required by South Wales Traffic Commissioner John Mervyn Pugh.
The Commissioner adjourned consideration of what action to take against the company's licence for nine days to enable it to produce audited accounts.
Mervyn Pugh said that the licence, for nine vehicles and 10 trailers, had been granted in February subject to certain conditions. Those conditions had not yet been fulfilled.
The company had been required to keep ,C14,000 in a sep
arate bank account, but that money had been transferred to a solicitor's client account. The Traffic Area had not been advised of this move, which in effect was a breach of the undertaking, said Mervyn Pugh. He pointed out that the company had also given an undertaking to produce audited accounts by the beginning of May each year.
Adjourning the proceedings, Mervyn Pugh warned the company that it would only be allowed to continue if it complied with all the conditions.
Michael Carless, for the company, said that it would be almost impossibile for audited accounts to be ready in time, but Mervyn Pugh pointed out that the company was well aware of the undertaking, without which the licence would not have been granted.
He warned that the company was in breach of those undertakings and that its licence was in total jeopardy