Clause 8 - OFT to prepare information sheets on arrears and default
Consumer Credit Bill
11:00 am
Mr Laurence Robertson (Shadow Minister, Economic Affairs; Tewkesbury, Conservative)
Let me pick up on the Minister's closing comments. The amendments would not put a further burden on the industry. They are simple requirements. The details of the rights of consumers under the Bill and under the 1974 Act would be set out in a standard document. It would not place any extra burdens on businesses. I note that the Minister will consult with the industry yet again. I wish him well in those consultations, and on the strength of that, I beg to ask leave to withdraw the amendment.
Amendment, by leave, withdrawn.
Question proposed, That the clause stand part of the Bill.