OPEN - ESDS
OPEN - ESDS
OPEN - ESDS
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CHECK TWL)ER -<br />
CHEQUE GUARANTEE CAPD -<br />
,<br />
CHILD BSNEFIT -<br />
CHRI STNAS BONUS -<br />
CLUB -<br />
CCH4MUNITY<br />
PROSRAMME - (CP)<br />
CONTRIBUTORY INVALIDITY-<br />
PENSION<br />
CO-OP CLus -<br />
Here, the purchaser pays for goods by check. Usually<br />
check trader calls on the purchaser to sell him a check<br />
which he can then use to buy goods in a number of shops<br />
Borne retailers issue checks also known as bonds. Th<br />
largeet chack trading organisation in the country is th<br />
Provident. Check trading today is moat prevalent in th<br />
North of England - Humberslde, Weet Riding, Teeside, et<br />
for textiles and households goods.<br />
When pay~ng by cheque some shops, stores, ●tc want<br />
guarantee that the chaque will k honoured, before the<br />
accept it. The chaque card i~ the ‘payer’s proof’ tha<br />
the bank holde him credit worthy. (In W=t cases bank<br />
guarantee that they will honour the cheque up to Z50 ).<br />
cheque card is not ● credit card. BarCley9 Bank does no<br />
issue quarante.~cuds, as ~uch, to its cuntomars<br />
Instaad, they are issued with Barclay cards, which sar=<br />
the triple purpose of a credit card, cheque guarantee car<br />
●nd a cash &#penaer card.<br />
Child Benefit is paid for all children under 16 (or ove<br />
16 if still at school ). It is not means tested and can b<br />
receimd regardless of income lew?l. It ie paid weekly o<br />
e vsry 4 weeks by payment took.<br />
A tax free bonus pa~d, with certain<br />
shortly before Christmas each year.<br />
See Co-op Club, shop running a club.<br />
long term benef Its<br />
The cormunlty Progranune is a scheme run by the Manpowe<br />
services c0nuni9s10n to encourage sponsors (eg Loca<br />
Authorities, priv?ite finns, trade un~ona, charitlea ) t<br />
set up pro]ects to Improm the local communltj (e<br />
environmental improwrent, provlslon of social amenitxes<br />
social and cultural work). Recruitment of the labou<br />
force for the projects is through Jobcentres and I<br />
normally limited to Pople ●ged 18-24 who ha= bee<br />
unemployed for six mmths or more, and those aged 25 an<br />
ovar who have been unemployed for o-r 12 months. Th<br />
Manpower Serticea Commission reimburses mponsors fo<br />
apprOWd wa9e= (generally the local rate for the job) an<br />
thd. r NI contributions. ‘211aduration of a pro]ect a<br />
usually between 3 and 12 months. Sponsors are als<br />
encouraged to provide training.<br />
Personn who q’Udify far SicknasB Benefit (See Sicknes<br />
Benefit) and are off work for more than 2S weeks ar<br />
entitled to an In=lidity Pension provided they matisfy N<br />
contribution condition. Contributory Inu!lidity Pensio<br />
in paid by giro or payment book.<br />
,1<br />
In this club woda are obtained from the Co-op and<br />
regular amount is paid into the club usually through<br />
collector.<br />
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