Interested in maladministration. Estd. 2005
RTEs Sarah McInerney ? Fianna Fail supporter? Anthony
Joe Duffy is dishonest and untrustworthy Anthony
Robert Watt complaint: Time for decision by SIPO Anthony
RTE in breach of its own editorial principles Anthony
Waiting for SIPO Anthony Public Inquiry >>
Indymedia Ireland is a volunteer-run non-commercial open publishing website for local and international news, opinion & analysis, press releases and events. Its main objective is to enable the public to participate in reporting and analysis of the news and other important events and aspects of our daily lives and thereby give a voice to people.
Julian Assange is finally free ! Tue Jun 25, 2024 21:11 | indy
Stand With Palestine: Workplace Day of Action on Naksa Day Thu May 30, 2024 21:55 | indy
It is Chemtrails Month and Time to Visit this Topic Thu May 30, 2024 00:01 | indy
Hamburg 14.05. "Rote" Flora Reoccupied By Internationalists Wed May 15, 2024 15:49 | Internationalist left
Eddie Hobbs Breaks the Silence Exposing the Hidden Agenda Behind the WHO Treaty Sat May 11, 2024 22:41 | indy Human Rights in Ireland >>
The Losing Battle to Get Public Sector ?TWaTs? Back in the Office Thu Jul 25, 2024 19:06 | Richard Eldred Years on from Covid, Civil Service 'TWaTs' (Tuesday, Wednesday and Thursday office workers) are harming productivity and leaving desks empty. The Telegraph's Tom Haynes explains how this remote work trend affects us all.
The post The Losing Battle to Get Public Sector ?TWaTs? Back in the Office appeared first on The Daily Sceptic.
?Prepare to Go to Jail,? Judge Tells Just Stop Oil Art Vandals Thu Jul 25, 2024 17:00 | Richard Eldred Guilty and about to face the consequences, two Just Stop Oil activists who hurled tomato soup at a Van Gogh masterpiece have been told to prepare for prison.
The post ?Prepare to Go to Jail,? Judge Tells Just Stop Oil Art Vandals appeared first on The Daily Sceptic.
Hundreds of Thousands Are Ditching the Licence Fee ? And It?s a Crisis for the BBC Thu Jul 25, 2024 15:00 | Richard Eldred With an £80 million revenue drop and growing calls for a licence fee boycott, BBC bosses are struggling to prove that Britain's biggest broadcaster remains worth the cost.
The post Hundreds of Thousands Are Ditching the Licence Fee ? And It?s a Crisis for the BBC appeared first on The Daily Sceptic.
The Democratic Party Clown Show Continues, With Giggles Replacing Bozo Thu Jul 25, 2024 13:00 | Tony Morrison Biden's sudden exit and the canonisation of his hopeless VP is a dismal chapter in American politics ? one that will further erode trust in the democratic process, says Tony Morrison.
The post The Democratic Party Clown Show Continues, With Giggles Replacing Bozo appeared first on The Daily Sceptic.
?Climate Change? Used to Justify Government?s Record ?Investment? in Renewables. Cui Bono? Not the T... Thu Jul 25, 2024 11:05 | Richard Eldred The Government is using the excuse of 'climate change' to justify the largest taxpayer 'investment' in wind and solar farms in British history.
The post ?Climate Change? Used to Justify Government?s Record ?Investment? in Renewables. Cui Bono? Not the Taxpayer appeared first on The Daily Sceptic. Lockdown Skeptics >>
Voltaire, international edition
Netanyahu soon to appear before the US Congress? It will be decisive for the suc... Thu Jul 04, 2024 04:44 | en
Voltaire, International Newsletter N°93 Fri Jun 28, 2024 14:49 | en
Will Israel succeed in attacking Lebanon and pushing the United States to nuke I... Fri Jun 28, 2024 14:40 | en
Will Netanyahu launch tactical nuclear bombs (sic) against Hezbollah, with US su... Thu Jun 27, 2024 12:09 | en
Will Israel provoke a cataclysm?, by Thierry Meyssan Tue Jun 25, 2024 06:59 | en Voltaire Network >>
|
Role Of EPACE Ltd Explained
EPACE are a private limited company set up to police the R.E.A... (Registered Employment Agreement) That is in force in the electrical contracting industry. The company was set up by the 3 parties who are signatories to the REA namely the TEEU (union) the ECA (employer) and the AECI (employer) The two employer groups represent approxomatley 400 contractors in an industry where its estimated there are over 4,000 Electrical Contracting Companies. EPACE Limited
--------------------------------------------------------------------------------
They are funded by levies collected and passed on to them by the pension company CWPS .38cent employee, .38cent employer per week.
Epace Limited filed a profit in 2006 of €76,536 which brought their balance to a total of €722,192.00! and thats after admin costs. They claim on their filed accounts to be a non profit company.
The .38 cent levy is not mandatory for either employees or employers, however CWPS dont tell you this when you sign up, but if you read the REA there is no mention of this deduction.
According to EPACE's own filled accounts both the TEEU, the AECI and the ECA draw funds from EPACE Limited for admin, secaterial, and inspection costs. See 2005 accounts below
Included in Legal and Professional fees are amounts of €13,500 charged by the T.E.E.U. €8,000 by A.E.C.I. and €4,000 by E.C.A in respect of administration and secretarial expenses.
During the year the following amounts were charged in respect of Inspection fees, €9,500 to T.E.E.U. and €2,750 to A.E.C.I.
In May 2007 EPACE Limited filed an amendment to their articles of association which gives the Company permission to give themselves gratuities, bonuses and pensions, see extract below.
(I) To grant pensions, allowances, gratuities and bonuses to officers, ex officers, employees of the Company or its predecessors in business or the dependants or connections of such persons, to establish and maintain or concur in establishing and maintaining trusts, funds or schemes (whether contributory or non- contributory) with a view to providing pensions or other benefits for any such persons
as aforasaid charitable funds or institutions, the support of which may, in the opinion of the Directors, be calculated directly or indirectly to benefit the Company or its employees, and to institute or maintain any club or other establishment or profit
Maybe after reading the above you could be forgiven for thinking this REA for the Electrical Industry is a bit more than about Electricians wages, with profits like EPACE are making who involved in that company would want to see a more transperent REA in operation???????.
Check out the CRO site for more information, makes for very interesting reading.
Epace Companys Office Return 2003 Financial Statments
0.21 Mb
Epace Companys Office Return 2003 Annual Return
0.3 Mb
Epace Companys Office Memorandun of Association
0.78 Mb
|
View Comments Titles Only
save preference
Comments (2 of 2)
Jump To Comment: 1 2Looks to me like a situation has developed where the TEEU union is controlling a Private Limited company to police employers in a Registered Employment Agreement that most of the employers have no input into in the first place. To make matters worse the TEEU are making money from this cosy little set up. I wonder do EPACE check the big electrical employers out (ECA members) as well as the small employers.Some how I would think the small guys are the soft targets and get policed more.
No wonder the small employers are fighting back at the moment.
Attached are the Returns of Pensions and Conditiond Ltd. (EPACE) as avaibaile to all from the Companys Office Website.
These make interesting reading and confirm all statments made above.
Enjoy