1. Transposition workshop October 25, 2016
IMPACT ASSESSMENT TRANSPOSITION ARTs. 17 – 19 DIRECTIVE EU No. 2302/2015
Transposition workshop October 25, 2016

2. REPORT ON THE IMPACT ASSESMENT
DESCRIPTION OF THE CURRENT SCHEME CZ
DESCRIPTION OF THE CURRENT SCHEME IN SELECTED MEMBER STATES
EVALUATION OF THE CURRENT MARKETING OF LTAs
EVALUATION AND MEASUREMENT OF THE PROPOSED OPTIONS

3. IDENTIFICATION OF SUBJECTS BEING AFFECTED BY THE TRANSPOSITION
THE STATE
ORGANISERS, TRADERS FACILITATING LTAs
INSURERS, BANKS
TRAVELLERS

4. IDENTIFICATION OF COSTS AND BENEFITS OF DIFFERENT SOLUTIONS UNDER EVALUATION
OPTION 0 – STATUS QUO
OPTION 1- OPTIMALIZATION OF INSURANCE/BANK GUARANTEE + REGULATION OF PRE/DOWN PAYMENTS
OPTION 2 – GUARANTEE FUND OF TRAVEL AGENCIES – REPLACING CURRENT SYSTEM

5. CONTINUED
OPTION 3 – INSURANCE/BANK + GUARANTEE FUND OF FINANCIAL INSTITUTIONS
OPTION 4 - INSURANCE/BANK + GUARANTEE FUND OF TRAVEL AGENCIES
OPTION 5 – STATE INSURANCE INSTITUTION
OPTION 6 – TRAVELLERS INSURANCE – INDIVIDUAL INSURANCE

6. INDICATORS TO BE EVALUATED AND MEASURED IN EACH OPTION
Measure of impact on the state
Measure of impact on the market
Probability of risk occurance

7. THE SCHEME IS DENIED BY GUARANTORS
IDENTIFICATION OF RISKS UNDER EVALUATION
THE COVERAGE IS NOT SUFFICIENT ACCORDING TO THE REQUIREMENTS OF THE DIRECTIVE
TIME CONSTRAINTS
THE SCHEME IS DENIED BY GUARANTORS
THE SCHEME IS DENIED IN THE LEGISLATIVE PROCESS

8. IDENTIFICATION OF RISKS UNDER EVALUTATION
5. COSTS ON THE SIDE OF A GUARANTOR IN CASE BIG ORGANISER GOES BANKRUPT
6. COSTS OF THE SCHEME FOR ORGANISERS AND LTA FACILITATORS
7. THE SCHEME IS ADMINISTRATIVELY OVERBURDENSOME
8. LOW EFFECTIVENESS OF CONTROL

9. IDENTIFICATION OF RISKS UNDER EVALUTATION
9. CREATING GREY ZONES IN INTERPRETATION OF THE LAW
10. NEGATIVE IMPACT OF A SOLIDARY RESPONSIBILITY OF TRAVEL AGENCIES
11. RISK THE SYSTEM IS BEING ABUSED BY INSOLVENT ORGANISERS
12. THE AMOUNT OF THE GUARANTEE IS NOT SUFFICIENT TO REFLECT SEASONAL FLUCTUATIONS

10. LINKED TRAVEL ARRANGEMENTS
Sectors
NACE
Total turnover of the sector – in BIL. CZK
Number of companies
Average annual turnover of the company in MIL. CZK
Civil aviation transportation
H511 27 37
729,9
Hotels and other accommodation facilities
I551 34
3159
10,7
Car rental
N771 13
899
14,4
Other reservation services
N799 2
1710
0,9

11. HOW LTAs SHARE THE REVENUES
Sectors
Proportion on revenues in %
Civil aviation transportation
20-30%
Hotels and other accommodation facilities
Up to 2%
Car rental
15-25%
Other reservation services

12. OPTIMALIZATION OF THE CURRENT SYSTEM OF INSURANCE AND BANK GUARANTEES
RESULTS AND RANKING
OPTIMALIZATION OF THE CURRENT SYSTEM OF INSURANCE AND BANK GUARANTEES
CURRENT INSURANCE+BANK GUARANTEE SUPPLEMENTED WITH GUARANTEE FUND OF FINANCIAL INSTUTUTIONS
CURRENT INSURANCE+BANK GUARANTEE SUPPLEMENTED WITH GUARANTEE FUND OF TRAVEL AGENCIES

13. The option to be implemented
Option no 3 – which will represent main structure of the scheme accessible to most traders
Pro futuro – works continue on building alternative structure accessible to some traders – TRUSTEE FUNDS

14. THANK YOU FOR YOUR ATTENTION
Renata Kralova
Tourism Department