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Trust Ports.pdf

what_are_trust_ports_bpa_briefing_paper_jan_2021.pdf

🔗 Source: falmouthharbour.co.uk

📊 Size: 1.22 MB

👤 Author: Mark Simmonds

⬇️ Downloads: 108

Summary

Trust ports are a type of Statutory Harbour Authority in the UK, operating independently of government and largely in the private sector, with their own governance and financial management. They own themselves, are publicly accountable, and reinvest surplus revenues for the benefit of stakeholders, including port users, employees, and local communities. Trust ports have powers to raise revenues, operate commercially, and pay taxes, but are not subject to the Freedom of Information Act and do not receive systematic public subsidies. They are governed by their own legislation and guidelines, with limited government powers and no obligation to provide financial dividends to local communities or government.

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Description

Trust ports are a type of Statutory Harbour Authority in the UK, operating independently of government and largely in the private sector, with their own...

Technical Information

File Format: PDF
File Size: 1.22 MB
Pages: 6
Language: EN
Author: Mark Simmonds
Total Downloads: 108
Last Updated: 1 week ago

Document Overview

This PDF document about Trust Ports provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Trust Ports.