Tag: Model

Tutorial: Business Model Brainstorm Tool – Template – Board of Innovation #business #analyst

#business models

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Design your business model:

Excel is not the most engaging innovation tool, is it? Discussions on business models often end up in total confusion. You re talking about multiple revenue streams, tens of partners, and many transactions going back and forth. It s pretty hard to keep all information top of mind, let alone be creative. That s why we developed a visual brainstorm method for this kind of challenges! Perfect for individual and team brainstorms about new business ideas. For those who are familiar with the Business Model Canvas by Alex Osterwalder. this methods works in perfect harmony!

“If you think designing a business model is complex, difficult or boring…you must try the Business Model Toolkit from the Board of Innovation! It is simply brilliant, easy and flexible at the same time. The toolkit is an amazing way of seeing and designing business models.” Maria Ana Neves, Sintese Azul (UK)

UPDATE:Get on the waiting list and be first in line to receive our new business model kit! We ll send you a notification once they are ready to ship!

So how will this tool help me?

This brainstorm kit visualizes how you plan to make money. You can set up different revenue models to compare during your brainstorm sessions. The kit is perfect to present your business idea to a large group. This tool has been developed by the Board of Innovation to bring you one step closer to bringing your idea to reality.

How do I use this tool?

Find an inspiring spot and ideally some bright minds
Start by naming all the (potential) actors in your ecosystem
Map out the initial transactions with your customers
Add other transactions with suppliers, partners, and other stakeholders
Design new business model scenarios and play around with it
Find inspiration in successful business model examples

16 BLOCKS TO VISUALIZE YOUR BUSINESS MODEL

All our business model examples are visualized with this set of 16 building blocks. To give more insight in how this works, we give a brief overview of the different building blocks. Using a common, visual language enables you to easily communicate business models to different audiences, to learn from successful models in other industries, and to quickly generate new variations and business models of the future.

Once you grasp the building blocks below, check out our business model tools to design your own business model in seconds. Share the results in your organization and let us know what you think about this method.

1. YOUR ORGANIZATION
This is where your business model starts to get shape. Place this block in the center and build your model around it.

2. THE COMPANY
The second most important block is the company. In most models this will be the actor that offers a product or service.

3. THE CONSUMER
The one that receives the product and gives something in return, is the consumer. In B2B models, the client is a company and will therefore be illustrated with the previous company icon. The general company-client relation is the same in both business systems.

4. SUPPLIER
Although we prefer not to include much of the secondary stakeholders, sometimes it is relevant to show how the supplier side of a business system works. This icon can also be used for service suppliers like web or marketing agencies.

5. NON-PROFIT
Unions or charity organizations are not focused on making money but often they do haven an impact on your organization. If relevant you can add this player to the system.

6. GOVERNMENT
Many companies do not like the involvement of a government on their business model, except when they have some money to offer.

7. PRODUCT
The first, most straightforward offer to clients is an actual product, ranging from basic commodities up to finished goods. A BMW car is one example, but today also digital products can be included.

8. SERVICE
A first way to upgrade your business model is to offer a service next to the product. BMW in this case will not only sell you a car, but will include maintenance and other services around the product. Of course, a lot of companies offer only services without product.

9. EXPERIENCE
The two concepts of product and service are commonly applied throughout our economy. In the last years, several companies have moved a step further by offering an experience to customers. BMW does not sell a car with a service in this case, but a driving experience.

10. Money
The typical currency that clients pay with, is money which is critical to company s revenue models. This is in contrast to exchange. The building blocks make a differentiation between two types of money. This first icon represents the normal value of a good, including profit.

11. LESS MONEY
This second icon represents money as well, but less than the normal amount covering cost and profit of what is offered. Usually this transaction implies that other revenue streams are added to the traditional business model.

12. REPUTATION
Today, the next upgrade to reputation can only be found in a few sectors. In these cases, ‘reputation’ selling can be described as the most essential brand experience. If you take the example of BMW, then you could say that some people don’t see their BMW as a driving experience but as the core values and reputation of the brand as such. Hereby, customers are able to shape their own identity with that of the company. Typically reputation will be placed in the top of Maslow’s hierarchy of needs, which makes this type of transaction extremely valuable to companies.

13. EXPOSURE/ATTENTION
Active exposure or attention is the next step in the evolution of currency. People are not only offering their own attention, but also that of their peers in their social environment. For some businesses the spreading of their ideas and brand values becomes more important than the immediate return in money. Of course, companies can’t just rely on active exposure, so their business model should include more players and other transactions. Many start-ups and even big web 2.0 companies are still struggling with this. There is a lot of exposure and value offered to clients, but there is no sustainable business model to capture that value in revenues and profit.

14. CREDITS
(Virtual) credit systems are on the rise. Therefor we have to add them to the business model blocks as well. Loyalty cards and similar are also covered

15. DATA
Information is one of the key items that’s being transfered in modern business models. Depending on the context a mixture of ‘information’ related items (content, data, knowledge, articles. ) are being used in relation to this block.

16. RIGHT
Ownership rights, IP and even the right to emit CO2 are items that stakeholders can exchange between each other. This must be the most abstract block but is necessary to illustrate the innovativeness of several models.

These giants already found new business ideas with our kit:





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Business Model vs #business #degrees

#business plan model

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Business Model vs. Business Plan vs. Business Planning

What s a business model? How does it relate to a business plan? Or, better yet, business planning? They live together. They synchronize. Your business planning makes your business model happen. And your business plan is a regular step in your business planning. It isn t business plan vs. business model, the way some people seem to think. The business model is like a destination. The planning is how you re going to get there.

Alan Gleeson sent me a copy of the book shown here, Business Model Generation. It s also a website. and perhaps most important, a collective work on what a business model is and how to use it. With an excellent website and a very intriguing way of sharing the work, the thoughts, and the collective creativity. That part of it is fascinating, well worth the visit, even if it weren t also an excellent summary of the business model.

Just to give you the idea, here below I ve taken just a blog-sized clip from a proposed one-page business model summary. That s. taken from the web (you can click it to go to the full-size original ):

I m so glad to see this new work on business model. I confess, I ve thought of the phrase business model as just a trendy buzzword for how you make money in the business. While I think that s still true, at least to some extent, this kind of organized thinking is obviously valuable, if you use it right.

Alan, who is managing director of Palo Alto Software s UK Subsidiary, recently answered the business model vs. business plan question in a quest post on TechCrunch :

it is worth clarifying the difference between a business plan and a business model. A business plan details the business opportunity you are seeking to exploit. A business model takes the form of either a simple verbal description or a one page visual representation.

Alan also adds this important note about what a business plan really is:

modern business planning is flexible, agile and concise, and more about goal setting than bound physical documents. This planning process brings numerous benefits for the entrepreneur, not least an ability to look at the operation holistically, to ensure internal focus and to ensure that cash flow management is a key priority.

I said above that the business model is like a destination, and the planning is how you get there. Let me add that the planning I recommend isn t just a map, or a route; it s that plus a GPS and real-time traffic and weather information. And in that analogy, the business model is the destination.

Thanks for the reminder. I actually got a copy of this book a few months ago and it promptly got buried under more books. This makes me want to use for a new project I m working on.

I think business planning needs to take a step beyond both business plans and the business model concept.

My understanding is that business models are that which establishes a business mission, process, marketing strategy and executes them to test viability strengths and ultimately success. Once the test is done return to the model to improve it.

That said I believe one should simply make use of a tried business plan build the model, around it restructure retry until it is found sound. Such a model can be used and reused as a template for businesses in that particular industry/market.

The one-page Business Model contains no numbers or mention of competitors or risks. Its purpose is to explain the landscape and the mission. The Business Plan s purpose is to convince (e.g. potential investors and partners) that the mission is attainable (despite the competitors and risks). The Strategic Plan provides the details of the how to achieve the goal the actual path and timeline. I would like to see a unified process defined for creating the three documents in sequence.

simplulo, thanks for the comment, but I disagree with the business plan s purpose is to convince . The situation and context defines the purpose of a business plan. For example, my favorite business plans have the purpose of setting the steps into the right sequence, and defining the metrics, and layout out meaningful projections, to help manage and steer the business; to be used by the business owners. Of course some business plans do, indeed, have the purpose you suggest; but that s far from universal. And a lot of us would define a strategic plan differently than you do, but there again, you re definition is as right as anybody else s, as long as you don t try to say that s universal. I don t think of a strategic plan as defining the actual path and timeline. My point: it s not as simple and well defined as you suggest.

Agreed, but it wasn t my intention to provide details, rather to express the need that led me to this page (and many others). I gave three sentences, one for each document in a sequence, followed by the takeaway: I would like to see a unified process for creating the three documents. Among the many business-plan structures I found was one whose sections mapped neatly to regions of the Business Model Canvas: 1. Marketing Plan, 2. Operational Plan, 3. Financial Plan. That was a start.

How LivePlan makes your business more successful

If you re writing a business plan you’re in luck. Online business planning software makes it easier than ever before to put together a business plan for your business.

As you ll see in a moment LivePlan is more than just business plan software though. It s a knowledgable guide combined with a professional designer coupled with a financial wizard. It ll help you get over the three most common business hurdles with ease.

Let s take a look at those common hurdles and see how producing a top notch business plan sets your business up for success.





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Hotel Management Entrance Online Practice Test #nchmct #online #practice #test, #free #nchmct #jee #previous

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Hotel Management Entrance Exam Online Practice Test

Essence of Online Test – Students

  1. User friendly, simplifies subject practice
  2. Random questions generation strengthens the subject base
  3. Question and Answer MCQs assist in self-correction
  4. Performance indicator to judge your level of performance
  5. Chapter- wise choice and practice make you to power in the weaker area
  6. Tests comparison evaluate your performance level from time to time
  7. Explanation and derivations for the complicated questions will help you to learn the solution exactly
  8. Spontaneous results will quench your thirst
  9. Develops cognitive skills
  10. Every test grooms your potential
  11. Helps to acquire speed, accuracy
  12. You can experience upgradition in confidence level
  13. Free from regular practicing hurdles
  14. Can access anywhere, any time
  15. Evaluated Solutions ( Questions. Answers along with explanation ) is available even after completing the test / s in your account. ( Only for Purchased Test )
  16. Evaluated Solutions ( Questions. Answers along with explanation ) can be viewed / read / learnt and analyzed at any time ( strictly before the expiry )

How does Online Practice work out? – Parents

  1. C an keep your ward (Child) near you to monitor his/her preparation level
  2. Can lighten the exam burden by offering online practice apart from regular preparation
  3. Can test your ward’s subject knowledge by providing chapter wise tests
  4. Online mock tests are designed as real time exam in accordance with pattern, timings
  5. Online practice assists your child to pass out the real time exam easily
  6. Exam score simplifies the admission, so that financial drawback is reduced
  7. Your nighness will improve your child confidence and originality level
  8. Timer, Performance indicator, Instant results will be the impacting tools for any parents
  9. You can make your child to do a hassle free practice to attain indelible memory
  10. Demo tests, as a paradigm, indicate our level of online exams
  11. As a parent, you can enhance your child technology level by providing the Computer based tests
  12. You can save his/her time, sweat sheds
  13. You can be a tutor to your child
  14. Your assistance for plethoric online practice creates a genius to the society
  15. Your direct assessment will take you to show the right path for your loving child.
  16. Sit with your child an hour daily to experience his/her gradual improvement.

I ndia, being a diverse country, more people migrate from several countries around the world. India has become the most popular tourist destination for its good culture, ancient temples, conservative and humane people. India’s significance is “Hospitality”. This feature helped for a tremendous growth of Hospitality Industry for the past decades.

Hospitality Industry offers exciting and challenging opportunities for the aspirants and now-a-days, a lot of students are passionate for hiring a Hotel Management degree / diploma from the Home land, India. Hospitality and hotel management courses are offered by several colleges and institutions in India. These courses equip students with the skills necessary in running a business class hotel.

A job in Hotel Industry is making people comfortable and happy. This rewarding career provides immense satisfaction and a decent package. There is a high demand for trained manpower in this industry. Many start hotels recruit trained staffs for their service.

A Hospitality Industry student and employee should have an outgoing attitude, hard work capacity, willing to interact with common people. Should be capable of tackling worst situations during any crisis, committed, disciplined, and dedicated. Here we see the NCHMCT JEE Online Practice Test, a glimpse.

NCHMCT JEE Online Test Pack 2017

Online Practice Test for NCHMCT JEE Exam

Free NCHMCT JEE Practice Tests are available.





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Toyota Land Cruiser Prado new 2017 model in Japan, Import by Exporter, Buy from

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THE KING OF 4WD – LUXURY COMFORT – TOUGH AND DURABLE

Purchase a Toyota Land Cruiser Prado from Japan. With the largest inventory of new and used Japanese vehicles on the market, we can ensure quality cars straight from Japan at low, no-bargain prices. Browse our incredible Toyota Land Cruisers for sale to find the one that meets your needs and budget to import Japanese new vehicle in any country.

Purchasing a vehicle from Japan can be risky. How do you know you’re getting the Japanese used car import you want? This is why Batfa Japan Inc. has strict quality-control guidelines, making sure that each vehicle is inspected twice before export shipment. We also offer important vehicle data called “how to buy a car from Japan” to help you make your purchase decision, whether you want a used Toyota Alphard or Land Cruiser from reliable car dealer and exporter in Japan.

SUMMARY OF NEW TOYOTA LAND CRUISER PRADO
Toyota Land Cruiser Prado needs no introduction, Toyota has given this almighty 4WD facelift shape with new front headlights, a roomier cabin with increased space between the front and second row seats, an improved full frame structure than the previous model. The manufacturer is also planning to launch “Land Cruiser Prado Diesel” within this year. However, diesel engine model will be eco-friendly with clean diesel technology that exhaused very low CO2.

Design evokes strength and refinement of new Prado, the basic concept for the new Land Cruiser Prado, based on Toyota Motor Corporation’s “vibrant clarity” design philosophy, is a vehicle with a modern and powerful form suited to both urban and off-road driving pleasure. The designers aimed to create an exterior with the active feel expectation for a four wheel drive vehicle and an interior that is refined and roomy. Manufacture by Toyota Japan. Land Cruiser Prado is a very capable off-road vehicle. This new model is a strong 4WD which appeals to a wide demographic and cross over between urban dwellers and hard-core four-wheel drive.

DETAIL PRICE OF CAR





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Business Plan Model – Business Plan Samples #small #business #consulting

#business plan model

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By admin on May 19, 2016 Business Plan Outline

Business Plan Model. Get inspired with this gallery well over 500 example strategic business plans. Pick the category that s nearest for your own small business or industry, and examine an agenda you want. LivePlan includes all 500 sample plans, so that you can easily reference them when you are writing your personal plan.

Business Plan Model. A strategic business plan describes what your organization does. This written document states your company’s operational and financial targets for future years and just how it provides meet them. A company model describes where and how you decide to operate your organization. The model you select is detailed inside your strategic business plan.

Gallery of: Business Plan Model

Related Business Plan Model

Preschool Business Plan Nobody has access to a new crystal ball that can offer accurate predictions about how the restaurant.

Free Business Plan Outline Also format your plan for marketing straight to your customers or end users. These kinds of.

Event Planning Business Plan Sample. Every experienced investor knows that detailed economical projections for a new corporation are an act.

Business Plan Pdf, There has been a time when company plans were anything from 75 to 100 webpages in length.





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Business Plan Model – Business Plan Samples #top #ten #business #ideas

#business plan model

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By admin on May 19, 2016 Business Plan Outline

Business Plan Model. Get inspired with this gallery well over 500 example strategic business plans. Pick the category that s nearest for your own small business or industry, and examine an agenda you want. LivePlan includes all 500 sample plans, so that you can easily reference them when you are writing your personal plan.

Business Plan Model. A strategic business plan describes what your organization does. This written document states your company’s operational and financial targets for future years and just how it provides meet them. A company model describes where and how you decide to operate your organization. The model you select is detailed inside your strategic business plan.

Gallery of: Business Plan Model

Related Business Plan Model

Preschool Business Plan Nobody has access to a new crystal ball that can offer accurate predictions about how the restaurant.

Free Business Plan Outline Also format your plan for marketing straight to your customers or end users. These kinds of.

Event Planning Business Plan Sample. Every experienced investor knows that detailed economical projections for a new corporation are an act.

Business Plan Pdf, There has been a time when company plans were anything from 75 to 100 webpages in length.





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Business Model Definition #small #business #startup

#business models

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Business Model

What is a ‘Business Model’

A business model is the way in which a company generates revenue and makes a profit from company operations. Analysts use the metric gross profit as a way to compare the efficiency and effectiveness of a firm’s business model. Gross profit is calculated by subtracting the cost of goods sold from revenues .

VIDEO

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BREAKING DOWN ‘Business Model’

During the dotcom boom analysts went in search of net income. The internet is a disruptive technology with the ability to revolutionize certain industries, but where was the cash flow? When analysts couldn’t find the cash flow, they settled for the business model to legitimize the industry. Instead of looking at net income, calculated as gross profit minus operating expenses, analysts concentrated on gross profit. If the gross profit was high enough, analysts theorized, the cash flow would come.

Business Model Components

The two primary levers of a company’s business model are pricing and costs. A company can raise prices and it can find inventory at reduced costs. Both actions increase gross profit. Gross profit is often considered the first line of profitability because it only considers costs, not expenses. It focuses strictly on the way in which a company does business, not the efficiency of management. Investors that focus on business models are leaving room for an ineffective management team. They believe the best business models can run themselves.

Comparing Business Models

As an example, assume there are two companies and both companies rent movies. Prior to the internet, both companies made $5 million in revenues and the total cost of inventory sold was $4 million. Gross profit is calculated as $5 million minus $4 million, or $1 million. Gross profit margin is calculated as gross profit divided by revenues, or 20%.

After the advent of the internet, company B decides to offer movies online instead of renting or selling a physical copy. This change disrupts the business model in a positive way. The licensing fees do not change, but the cost of holding inventory is down considerably. In fact, the change reduces storage and distribution costs by $2 million. The new gross profit for the company is $5 million minus $2 million, or $3 million. The new gross profit margin is 60%, which is much higher than 20%.

Company B isn’t making more in sales, but it figured out a way to revolutionize its business model, which greatly reduces costs. Managers at company B have an additional 40% more in margin to play with than managers at company A. Managers at company A have little room for error.





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Business Plan Model – Business Plan Samples #business #opportunities

#business plan model

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By admin on May 19, 2016 Business Plan Outline

Business Plan Model. Get inspired with this gallery well over 500 example strategic business plans. Pick the category that s nearest for your own small business or industry, and examine an agenda you want. LivePlan includes all 500 sample plans, so that you can easily reference them when you are writing your personal plan.

Business Plan Model. A strategic business plan describes what your organization does. This written document states your company’s operational and financial targets for future years and just how it provides meet them. A company model describes where and how you decide to operate your organization. The model you select is detailed inside your strategic business plan.

Gallery of: Business Plan Model

Related Business Plan Model

Preschool Business Plan Nobody has access to a new crystal ball that can offer accurate predictions about how the restaurant.

Free Business Plan Outline Also format your plan for marketing straight to your customers or end users. These kinds of.

Event Planning Business Plan Sample. Every experienced investor knows that detailed economical projections for a new corporation are an act.

Business Plan Pdf, There has been a time when company plans were anything from 75 to 100 webpages in length.





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Business Model Definition #magnetic #business #cards

#business models

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Business Model

What is a ‘Business Model’

A business model is the way in which a company generates revenue and makes a profit from company operations. Analysts use the metric gross profit as a way to compare the efficiency and effectiveness of a firm’s business model. Gross profit is calculated by subtracting the cost of goods sold from revenues .

VIDEO

Loading the player.

BREAKING DOWN ‘Business Model’

During the dotcom boom analysts went in search of net income. The internet is a disruptive technology with the ability to revolutionize certain industries, but where was the cash flow? When analysts couldn’t find the cash flow, they settled for the business model to legitimize the industry. Instead of looking at net income, calculated as gross profit minus operating expenses, analysts concentrated on gross profit. If the gross profit was high enough, analysts theorized, the cash flow would come.

Business Model Components

The two primary levers of a company’s business model are pricing and costs. A company can raise prices and it can find inventory at reduced costs. Both actions increase gross profit. Gross profit is often considered the first line of profitability because it only considers costs, not expenses. It focuses strictly on the way in which a company does business, not the efficiency of management. Investors that focus on business models are leaving room for an ineffective management team. They believe the best business models can run themselves.

Comparing Business Models

As an example, assume there are two companies and both companies rent movies. Prior to the internet, both companies made $5 million in revenues and the total cost of inventory sold was $4 million. Gross profit is calculated as $5 million minus $4 million, or $1 million. Gross profit margin is calculated as gross profit divided by revenues, or 20%.

After the advent of the internet, company B decides to offer movies online instead of renting or selling a physical copy. This change disrupts the business model in a positive way. The licensing fees do not change, but the cost of holding inventory is down considerably. In fact, the change reduces storage and distribution costs by $2 million. The new gross profit for the company is $5 million minus $2 million, or $3 million. The new gross profit margin is 60%, which is much higher than 20%.

Company B isn’t making more in sales, but it figured out a way to revolutionize its business model, which greatly reduces costs. Managers at company B have an additional 40% more in margin to play with than managers at company A. Managers at company A have little room for error.





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Model articles of association for limited companies – Detailed guidance #business #investment

#business articles 2010

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Model articles of association for limited companies

Contents

Amendments to model articles

The model articles were amended by the Mental Health (Discrimination) Act 2013 on 28 April 2013 to remove the provision for terminating a director’s appointment on grounds of mental health. This provision could be found in:

  • paragraph 18(e) of the model articles for private companies limited by shares or by guarantee
  • paragraph 22(e) of the model articles for public companies

You don’t have to remove the provision if it’s in your articles, but you can do so by amending your articles or by adopting the newer model articles.

Which versions apply

The latest model articles apply by default to all private and public limited companies incorporated on or after 28 April 2013.

The older model articles continue to apply by default to all companies incorporated between 1 October 2009 and 27 April 2013 (inclusive).

Table A

Table A is the name given to the prescribed format for articles of association of a company limited by shares under the Companies Act 1985 and earlier legislation.

When a company limited by shares was incorporated, it didn’t need to file articles if it used ‘Table A’ as its articles. If you want to see the regulations that govern the management of the company, you’ll need to refer to the relevant ‘Table A’ – the version which was in force at the date of the company’s incorporation.

Later versions of ‘Table A’ don’t affect a company registered before the new versions took effect.

The first prescribed format, made in The Joint Stock Companies Act, 1856, were called ‘Table B’, because they were preceded by a form of Memorandum of Association called ‘Form A’.

The articles were first called ‘Table A’ in The Companies Act 1862 and the naming convention continued for the acts which followed.

List of Table A

The following are versions of ‘Table A’ prescribed by:

Disclaimer

The ‘Table A’ documents provided above have been reproduced from the original published Acts, Order or Instruments listed above and are correct to the best of our knowledge. Companies House accepts no responsibility for any errors or omissions. Reliance should be placed solely on the relevant legislation as published by Office of Public Sector Information .

Published: 21 November 2014 Updated: 3 March 2015

+ full page history

3 March 2015 11:46am Welsh translation added 12 December 2014 12:30pm Updated with information and access to Table A. 21 November 2014 1:34pm First published.





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