industrial training levy
The Industrial Training Act 1982 (ITA) provides for a levy to be imposed on employers in certain industries (designated by statutory instrument) to finance the activities of an industry training board (ITB) and to share the cost of training more evenly between employers in that industry. It has recently been government policy to transform ITBs from statutory to non-statutory bodies. However, the Construction Industry Training Board (CITB) and Engineering Construction Industry Training Board (ECITB) have retained their statutory status and powers. The CITB and ECITB make annual proposals for the levy for their respective industries, and the Secretary of State, having been satisfied that the proposed levies meet the statutory criteria, lays orders before Parliament to give effect to the proposals.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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