XN000022-1992-07-08 — Page 37

V. MI 8, 12

I

Legend

-5

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11

Permanent office accommodation for

TIC

TICRP to purchase office premises for use by TIC. (At present, TIC uses the levy funds from TICRF to rent office premises.)

TIC to purchase office premises with the 0.15% Council Levy and, if necessary, an interest-bearing loan from TIERF (or its successor).

Provision of permanent office premises is recognised as beneficial to the role of TIC as a self- regulator of the outbound travel

industry.

ACTA

-

Advisory Committee on Travel Agents

TARF Travel Agents' Reserve Fund

-

TIC TRCRF

Travel Industry Council

Travel Industry Council Reserve Fund

136