You will note from
the election papers that General Merchandise representatives are divided into
those representing PE Traders, which we understand refers to those on
pre-existing licenses, and SL Traders, which covers traders on the newer
transferable licences. General
Merchandise have 2 positions for PE Traders (currently held by John Magno and
Michael Presser) and 2 positions for SL Traders (Peter Auden holds one position
and the other remains vacant).
Elections are only
held if the number of nominees exceeds the number of positions available. On
the occasion of the last election process, June 2010, it was not necessary to hold an
election as the number of nominees did not exceed the number of available
positions.
We have asked management a number of questions about
how this nomination/election system will operate. For instance, can SL Traders
nominate a non SL Trader to represent them on the TAC? We will relay their response to you as soon as
possible.