Dry run for HIPs
Although uncertainty exists about whether HIPs will be implemented on
the estimated start date, the Government is nevertheless planning to introduce
a dry run of the scheme, on a voluntary basis, starting from July 2006.
This is intended to help the industry test the various processes involved.
However, before this dry-run can be initiated, a number of policies and
regulations need to be firmed up. There will be no obligation to use HIPs
during the dry-run period, and the obligatory start date remains the 1st
June 2007.
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