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Percentage point


The director general's letter regarding the five year business plan (NCE 4 March) states that 'Council has not yet approved the rates of members subscriptions for the forthcoming years.'

The route to revitalisation document makes clear that '. . . the Executive Board and Council have studied this (five year business) plan, and unanimously agreed to its implementation and funding at the Council meeting on 16 December 2003'.

The minutes of the 16 December meeting state that Council '. . .APPROVED Option 2 - the Accelerated Plan and its associated budget for 2004'.

The approved plan and budget are detailed in paper C/3/2004 which makes clear that '. . . revitalisation relies on subscription increases of 5% above inflation (ie: 7.5%) in 2005, 2006 and 2007, returning to inflation level in 2008. . .'

Referring to the director general's letter, it should be confirmed that the approved plan does not rely on subscription rate increases to secure the funding for implementation. If these increases are required, but are not to be set until 2005/2006 then is the current status of the funding insecure?

If the funding is required and approved by Council for the next five years, can members be told how By-Law 42 has been interpreted by Council?

Alex Watts, 1 Manor Crescent, Wendover, Bucks

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