PowerPlay - passive bonuses question

Hi CMDRs,
i have been googling for 1 hour, so i decided to write it here:

On this page i found that Torvald and Mahond have bonuses on Rank II, that says: "+5% trade profits (increasing to 10/15/20%)"
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So how is it works?
1) is it true?
2) is it working even if is power lower than on first 3 places?
3) bonus is only in territory of the power?
4) text in brackets means that on Rank III will be bonus 10%, RIV - 15% and RV - 20%?

I'm pledged to Zemina for ages and now i'm really into trading so i was wondering how to speed it up.
My idea is to buy slaves or something worse :) and than sell it somewhere in Zemina's territory for higher price and plus with this bonus (keeping Rank III shouldn't be a problem)

So...thx for all information and sorry for my english :) o7
 
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1. Yes
2. Yes (you get 5%)
3. Yes
4. No, the bonus is 10% when power at 3rd, 15% at 2nd, 20% at 1st

Disclaimer: I've never touched PP and I won't with a burning pitchfork, so someone will put me right if I get something wrong 🤪
 
You’re pledged to Torval?

Hahahahahahahahahaha.

Uh yeah the bonuses work, but I never trade for profit (BGS fanatic here); and I wouldn’t know about the effect of the team position on the ladder.
Mahon is always first second or third.
 
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