As this year comes to an end, we at Lucky Group would like to take this opportunity to wish all our colleagues, staff, associates and clients a happy and prosperous new year.
May the coming year bring you health, wealth, peace and joy.
We look forward to working together with you in the New Year.
Here's wishing you & your loved ones a happy 2013 !!
Monday 31 December 2012
Wednesday 26 December 2012
Ban on Cash Transactions for Scrap Metal Trade
Due to the increasingly high value of metalin the UK, the crime rate for stolen scrap metal was on rise. The feeble laws surrounding the scrap metal trade, worked in the favour of unscrupulous scrap metals yard owners, traders and recyclers. The administration in England and Wales took up the matter in the House of Commons and passed the new controversial rule. On the 3rd of December, a legislation banning all cash transactions at recycling yards came in to effect. The legislation stated that scrap metal dealers would now be forced to carry out trade via electronic payments or cheque. They would also be required to maintain a record of all transactions and deals made. The legislation also stated that anyone found guilty of disobeying the new statutory law would be prosecuted to the full extent of the law. Offenders would be liable to pay heavy fines or even have their license cancelled. The audit trail that is facilitated by the legislature will lead back to all parties who profit through metal theft.
Amendments to the Legal Aid, Sentencing and Punishment of Offenders (LASPO) Act will mean that all cash transactions for metal at recycling yards will be outlawed. The new Act also gives the police force the necessary jurisdiction to enter scrap metal yards at will and ascertain whether the ban on cash payments is being complied with. If protocol is found to be breached, the employee responsible for making the payment, the management, and the company that has failed to take reasonable steps to prevent payment being made will be prosecuted.
The BTP (British transport police) deputy chief constable Paul Crowther stated that metal theft was a serious threat to the infrastructure of Great Britain and that the outdated legislation has been exploited unscrupulous metal recyclers for far too long.
The British authorities also hope that these measures will have a negative impact on the market for stolen metal as well as illegal scrap metal recycling and that the severe sanctions will deter anyone from metal theft. However, this new legislation cannot function in isolation and will require the cooperation and support of the industry, police and other agencies.
Amendments to the Legal Aid, Sentencing and Punishment of Offenders (LASPO) Act will mean that all cash transactions for metal at recycling yards will be outlawed. The new Act also gives the police force the necessary jurisdiction to enter scrap metal yards at will and ascertain whether the ban on cash payments is being complied with. If protocol is found to be breached, the employee responsible for making the payment, the management, and the company that has failed to take reasonable steps to prevent payment being made will be prosecuted.
The BTP (British transport police) deputy chief constable Paul Crowther stated that metal theft was a serious threat to the infrastructure of Great Britain and that the outdated legislation has been exploited unscrupulous metal recyclers for far too long.
The British authorities also hope that these measures will have a negative impact on the market for stolen metal as well as illegal scrap metal recycling and that the severe sanctions will deter anyone from metal theft. However, this new legislation cannot function in isolation and will require the cooperation and support of the industry, police and other agencies.
Friday 14 December 2012
UAE Celebrates 41 Glorious Years of Unity
The sound of joy and cheer filled the air as thousands of happy people came together to celebrate the nations 41st National day. Even the occasional shower of rain failed to stand in the way of the 41st Sprit of the union. The Streets were shadowed by a panorama of people sporting the national colours-red, green, white and black.
A variety of entertaining activities were organized by each Emirate for the national day celebrations. The heritage Village in Abu Dhabi hosted a number of cultural activities such as camel rides, hooded falcons and exotic dances to celebrate the time-honoured Emirati culture. Local women could be seen giving cooking displays at the traditional market which also hosted informative sessions on the UAE’s agricultural history. Most vehicles were adorned with flags, stickers and pictures of the UAE’s rulers despite the warnings of fines. The locals of Al Ain visited the Historic Souq Al Qattara that was recently reopened to celebrate the national day while others visited Jebal Hafeet and Green Mubazzarah to see the horse parade.
The Down town Dubai Parade that is held annually attracted hundreds of people who thronged to the Emaar Boulevard on Sunday afternoon. Organizers reported that more than 3,500 people participated in the parade. Also, unveiled at the parade was Mercedes jeep that was encrusted with Dh1 coins.
An enormous UAE flag was hoisted on a 123-metre tall flag pole (7th tallest in the world) at Sharjah. The ceremony was inaugurated by Dr Sheikh Sultan Bin Mohammed Al Qasimi (ruler of Sharjah). There was also an event held opposite Al Jazeera Park that featured a musical show as well as a march by the Sharjah Police band. There was also an array of cultural dances, multimedia shows, and fire work displays held at the Sharjah fountain.
Many people in Ras Al Khaimah flocked to the streets in their colourful cars decorated with twinkling lights to celebrate the auspicious day. The Fujairah City Centre hosted a number of traditional activities like a Marine songs, traditional dance performances and games. 40000 Chinese lanterns, decorated in the UAE national colours, lit up the night sky at the cornice inn Ajman. There was also a national day celebration march at the cornice similar to the one organized at Umm Al Quwain.
An ambience of patriotism and joy filled the air as the 41st spirit of the union filled the hearts of the citizens of the UAE.
We at Lucky Group of companies are honoured and privileged to congratulate the leadership of the UAE and our esteemed clients on this grand occasion of the 41st anniversary of its union.
A variety of entertaining activities were organized by each Emirate for the national day celebrations. The heritage Village in Abu Dhabi hosted a number of cultural activities such as camel rides, hooded falcons and exotic dances to celebrate the time-honoured Emirati culture. Local women could be seen giving cooking displays at the traditional market which also hosted informative sessions on the UAE’s agricultural history. Most vehicles were adorned with flags, stickers and pictures of the UAE’s rulers despite the warnings of fines. The locals of Al Ain visited the Historic Souq Al Qattara that was recently reopened to celebrate the national day while others visited Jebal Hafeet and Green Mubazzarah to see the horse parade.
The Down town Dubai Parade that is held annually attracted hundreds of people who thronged to the Emaar Boulevard on Sunday afternoon. Organizers reported that more than 3,500 people participated in the parade. Also, unveiled at the parade was Mercedes jeep that was encrusted with Dh1 coins.
An enormous UAE flag was hoisted on a 123-metre tall flag pole (7th tallest in the world) at Sharjah. The ceremony was inaugurated by Dr Sheikh Sultan Bin Mohammed Al Qasimi (ruler of Sharjah). There was also an event held opposite Al Jazeera Park that featured a musical show as well as a march by the Sharjah Police band. There was also an array of cultural dances, multimedia shows, and fire work displays held at the Sharjah fountain.
Many people in Ras Al Khaimah flocked to the streets in their colourful cars decorated with twinkling lights to celebrate the auspicious day. The Fujairah City Centre hosted a number of traditional activities like a Marine songs, traditional dance performances and games. 40000 Chinese lanterns, decorated in the UAE national colours, lit up the night sky at the cornice inn Ajman. There was also a national day celebration march at the cornice similar to the one organized at Umm Al Quwain.
An ambience of patriotism and joy filled the air as the 41st spirit of the union filled the hearts of the citizens of the UAE.
We at Lucky Group of companies are honoured and privileged to congratulate the leadership of the UAE and our esteemed clients on this grand occasion of the 41st anniversary of its union.
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