Licensee Commissions 2005/06

POAAL has completed consultations with AP regarding LPO commissions for 2005/06 as per clause 9(b) of the LPO Agreement. POAAL is pleased to announce that there will be an increase in LPO National and State Billpay Commissions and Banking Commissions for 2005/06.Licensees should soon receive official advice from AP noting the change in commissions and the process by which these commissions are determined. Carefully inspect the advice. Licensees should also receive two copies of Annexure A, initialled by an AP representative. One copy is for you to initial and attach to your LPO Agreement. Initial the other and return to AP for their records.AP also acceded to POAAL's request for an extension of the Interest Free Loan for security upgrades at LPOs for a further year. The hourly rate for MSP will also increase.