Clause 32 - Winding-up of standard licensee’s business
Consumer Credit Bill
11:30 am
Amendment made: No. 26, in clause 32, page 26, line 17, at end insert—
‘()Without prejudice to the generality of paragraph (c) of subsection (3), a requirement specified under that paragraph may have the effect of—
(a)preventing a named person from being an employee of a person carrying on activities under the authorisation, or restricting the activities he may engage in as an employee of such a person; or
(b)preventing a named person from doing something, or restricting his doing something, in connection with activities being carried on by a person under the authorisation;
(c)securing that access to premises is given to officers of the OFT for the purpose of enabling them to inspect documents or to observe the carrying on of activities.’. —[Mr. Sutcliffe.]