Even if you’ve been an ATOL holder for years, you need to keep a clean record as far as your ATOL activity is concerned.
We can provide you with ongoing ATOL support by:-
Giving guidance on any variations required to the terms of your ATOL Licence,
Carrying out ‘ATOL compliance audits’,
Support for your ‘Accountable Person’ and their training,
Completing or reviewing your ATOL renewal form and checklist,
Attending any necessary meetings with you and the CAA,
Liaising, negotiating and corresponding with the CAA on your behalf,
Giving support and advice about the meeting of any ATOL renewal requirements;
Helping you to identify and monitor your ATOL licensable sales and the completion of ATOL returns;
Advising you about and helping you to arrange any bonding, trust account or other security requirements.
Negotiating the terms of a travel trust account as an alternative to ATOL bonding;
ATOL certificates and your responsibilities
And our legal professionals are of course fully equipped to help you with CAA/ATOL mandated agency terms.
Tricks of the Trade…..
Our holistic knowledge of all that is travel regulation means that our professionals can sometimes pull rabbits out of hats using tricks of the travel trade:-
Financial and structural ring fencing arrangements and restructures;
Trust accounts and blocked cash/ charge accounts;
Mergers, acquisitions, disposals and refinancing;
And our access to the full range of professionals – legal, accounting and trade, means that we can pull these arrangements together quickly and efficiently, sometimes meaning the difference between a successful and an unsuccessful ATOL application.
And for larger organisations…
Consumers benefit from broader financial protection than ever following the recent reform of the ATOL Regulations and Package Travel Regulations. This means that smaller travel companies are more likely that ever to join a collective organisation where they can take advantage of a group ATOL or ABTA membership. We have unrivalled knowledge and expertise advising and setting up these larger ‘consortia’ of members including advice on:-
Accredited Body ATOL Standard Terms
Becoming an Accredited Body
Devising ATOL franchise structures
Negotiating ATOL franchises with the CAA
Accredited Body and ATOL franchise
Travel Trust Accounts
Accredited Body and ATOL franchise membership agreements
ATOL mandated agency terms
Remember: we are always on hand to give you an initial free consultation about what your travel business may require; or you can find more information and guidance on ATOL here.
