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Entrust to broaden its management approach

Entrust, the regulator of the Landfill Tax Credit Scheme has published its corporate plan for 2001 to 2004, saying the scheme has delivered “far more than its founders expected.”

A summary of the plan can be seen at the Entrust website.

The plan says: “In terms of funds contributed and environmental projects undertaken, the
LTCS has delivered far more than its founders ever expected. The range of
environmental projects mirrors the objectives of government’s sustainable
development policy, and 400 million has so far been contributed to deliver
these objects.

“Entrust has provided effective regulatory control throughout this period, identifying those environmental bodies (EBs) which failed to fulfil their statutory
commitments and revoking the approvals of those which failed persistently or
flagrantly. The enforcement aspect of the regulatory role has been
complemented by work to promote and publicise LTCS, and actively to help
and advise its participants.”

The plan also responds to various criticisms. One is that Entrust is dominated by the waste industry, a view held by many in local authorities. A second is that there was not enough verification of projects. The plan says: “Progress has been made on both this issues.
Customs has revised Entrust's Terms of Approval and these new terms
will run to 4 October 2004.”

This plan recognises these views, criticisms and pointers to the future, and it sets out the new directions Entrust will take in response. A new director is to be appointed shortly to broaden the Entrust board and the Nolan principles of appointment and activities that apply to government organisations will apply to Entrust. But, the plan does not give any detail on potential changes to the LTCS which are currently being considered by the Treasury.

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