Licensee Commissions 2007/08

POAAL has completed consultations in July with AP regarding LPO commissions for 2007/08 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 2007/08.Licensees should have received 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.