THE ASSOCIATION OF TRAIN OPERATING COMPANIES (ATOC) is to introduce a two-tier commission scheme for travel management companies (TMCs) from July 25.
Bonded TMCs will receive four per cent commission from train operating companies, one per cent less than what is currently paid.
Those not financially protected by July will receive three per cent.
However, commission will be withdrawn for any booker without financial protection on March 31 next year.