Clement House
Sat 16th October 2004

LEGAL BARRIERS TO PARTICIPATION IN LOCAL EXCHANGE TRADING SCHEMES

I would like the meeting to consider the effect of the benefits system on LETS earnings. People can become worse off due to LETS currency being counted as money. Thus people who stand to gain most from LETS may be excluded, or take part in LETS only at the risk of being detected and penalised. It would be relatively easy to get a small change in the law that would enable people on benefits to do LETS.

Proposed by: Diana E Forrest: dianaeforrest@beeb.net