• application process
• membership criteria
• understanding the free asset ratio
• conditions of membership
• bonding and contribution scheme
• monitoring and declarations
• quarterly declaration guidance
• fees
• FAQs

Courtesy of Carp & Course Fishing Holidays

conditions of membership

If your application is approved, typically the following conditions will apply:

• Firstly the provision of a bond will need to be arranged, the size of which will be calculated on your projected non-licensable turnover.
• The Rules of the ABTOT Bonding & Shortfall Scheme, which will be sent to you along with the decision letter, will need to be signed and returned. This operating agreement regulates the conduct of each member.
• Any financial requirements, for example increasing Paid up Share Capital (PUSC) and meeting our minimum financial criteria will need to be complied with. The PUSC and reserves will be considered in relation to the size of the operation and the ABTOT bond requirement.
• A Grant Fee and shortfall insurance contribution fee will have to be paid upon acceptance to the scheme.
• Members are monitored throughout the year in terms of sales and advertising and are required to submit quarterly declarations.

Once all conditions have been complied with and membership accepted a specific membership number will be allocated to you. The ABTOT logo and Bromide form, together with brochure/invoice and website wordings will be downloaded for use in all brochures, leaflets and other promotional material where packages for sale are bonded through ABTOT.