Clause 42 - Guidance on Requirements
Consumer Credit Bill
9:45 am
Mr Laurence Robertson (Shadow Minister, Economic Affairs; Tewkesbury, Conservative)
These are technical amendments. Clause 42 concerns guidance on requirements of licensees, whereas clause 54 relates to statement of policy in relation to civil penalties. The amendments seek to place on the OFT a duty to take all reasonable steps to ensure that anyone who is likely to be affected by the guidance is notified. When drawing up that guidance the OFT should also have a duty to consult such persons as it thinks fit. However, that is already in the Bill. I seek only to add to that to include a representative sample of those whom it is likely to affect.
What does the Minister have to say about technical amendments? I reckon I can guess, but perhaps they will be moved.