The new Scrap Metal Dealers Act 2013 is due to come into force on 1st October 2013. It is a vast improvement upon the old 1964 Act and will have a large impact on metal theft as well as have a significant impact on protecting law abiding Scrap Metal Dealers.
The Scrap Metal Dealers Act 2013 has passed into law after receiving Royal assent.
The new licensing regime for anyone trading in scrap metal will come into force later this year, possibly around October.
The new legislation, introduced as a private members' bill by Richard Ottaway MP (Con), will replace the existing 1964 Act, introducing a compulsory, local authority-run licensing regime for all scrap traders.
Ottaway, backed by Home Office ministers, police, councils, industry and much of the scrap trade, introduced the bill last year to help tackle metal theft.
Nicola Guest of Alchemy Metals is quoted in the 7th of March issue of Recycling and Waste World in an article about the Scrap Metal Dealers Act receiving Royal Ascent.
You can see the full article by clicking here.
Alchemy Metals Ltd have recently been a victim of Corporate Identity Theft.
Several companies have contacted us after being approached by individuals attempting to use our company name for fraudulent purposes.
The perpetrator's email addresses and contact details have been reported to the international fraud squad and action is being taken to track down the people responsible.
We ask all our current and future customers to look out for any suspicious emails and forward them on to us or the relevant authorities.
It is your responsibility to take necessary precautions to ensure that you know exactly who you are dealing with when conducting business of any kind.
Recycling World spoke to Alchemy Metals' Marketing Manager Nicola Guest about the Scrap Metal Dealers Bill.
You can see the online version of the January 2013 issue of Recycling World here