The Scrap Metal Dealers' Act 2013 provdes a fair basis for the regulation of the scrap metal trade.
Key elements of the Act are:
• A national register of scrap yards
• Police powers of entry to ensure compliance
• Powers to close yards that are trading illegally
• Production of photo id at the point of sale
• Cashless transactions only
The Act has a wide definition of a scrap dealer and will include itinerant collectors and smelting yards. Under current regulations these operations can trade for cash and, if this can continue, it will undermine the impact of cashless trade elsewhere.
See our metal theft reports, by clicking on the links below.
Further advice can be found on the guidance on security. Click on the links below to see our sponsors', Ecclesiastical Insurance Group, advice and guidance on dealing with metal theft, which includes: