Guidance Notes
Please click here to download a copy of the Application Guidance Notes
PART 1
(Section B) Recreational Craft Directive
Since June 1998 most recreational boats placed on the market or put into service for the first time in the EEA have been required to comply with the Recreational Craft Directive (RCD). The RCD covers boats from 2.5m to 24m length of hull, whether the boat is intended for private use or for hire/charter, and covers all aspects of a boat's design and construction including stability, strength, fuel and electrical systems: in all there are 32 Essential Requirements to be addressed. Documentation for compliance includes a Builders Plate, CIN Number, Declaration of Conformity and Technical File. Applications for membership of BMF should confirm compliance with the RCD where relevant. Further information is available from the Technical Department on 01784 473377 or technical@britishmarine.co.uk
(Section B) Definition of Marine Turnover
a Marine turnover is all turnover relating to invoiced sales and services in connection with the supply of small commercial craft up to 50m in length (i.e not traditional ship building) and all recreational craft incuding the super and mega yacht categories over 24 metres, together with the supply of associated components, equipment and services, including hauling and storage.
b Unless the applicant business falls into one of the categories below, Turnover is defined as as the total annual invoice value in pounds sterling of the marine trading activities of audited accounts including a) sales, work done and services rendered and b) all the marine trading turnover of the applicant business, including international trading.
For the purpose of BMF membership, turnover is calculated in different ways for the following categories of business:
Boat Brokers: turnover is total ‘commission earned’ figures in the accounts, plus the gross sales value of any craft purchased and resold
as principals
Insurance Companies & Underwriters: turnover is 10% of premium income (net retained) from the UK boating industry
Insurance Brokers, Agents and Underwriting Agents: turnover is the net retained commission earned from the UK boating industry
Finance Houses: turnover is income arising from the difference between borrowing & lending rates on the UK boating industry
Finance Brokers: the income arising from fees received from financial introductions on the on the amount you lend UK boating
industry
Solicitors: turnover is income arising from fees received from the UK boating industry
GENERAL INFORMATION
1 Classes of Membership
Full Membership: Businesses that have completed a three year period of continuous trading within the marine industry.
Associate Membership: Businesses that have served less than a three year period of continuous trading in the marine industry. Associate members will be upgraded to Full Membership after two years, on receipt of an updated reference, credit check and short telephone interview. Please note that transfer to Full Membership after two years Associate Membership is mandatory.
2 Regional and Group Associations
Membership of the appropriate region and group association runs concurrently with BMF membership. BMF will decide upon your most appropriate group and regional association although the applicant business may request a preferred group association. The cost of membership of the group and region is included in your basic subscription. However, if you wish to join additional associations, there may be an additional minimal charge each per annum. During the application process, the associations concerned are consulted and application submitted for comment. The associations may arrange for the applicant business to be visited by a committee member at this time.
3 Deposit
It has been found necessary to ask for a non-refundable administration fee of £50 from all applicant businesses to cover the cost of application and credit checking.
Once all components for the application has been received by the BMF membership team, we aim to process your application within eight weeks, however, sometimes this may take longer. Please don’t hesitate to contact the membership team at any point to check on the progress of your application.
Telephone: 01784 223663 Email: membership@britishmarine.co.uk
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