New clause 3 - CREDIT TOKENS
Consumer Credit Bill
6:00 pm
'(1) It shall be an offence to give a person an application form for a credit-token unless he has specifically requested it.
(2) To comply with subsection (1), a request must be made by the applicant by way of—
(a) a document signed by that person;
(b) a recorded telephone call by that person to the person or company offering the credit-token; or
(c) an electronic form of communication, the origin of which can be authenticated.
(3) Any approach to a person offering a credit-token application must include a full statement of the legal liabilities and responsibilities associated with such a token.'. —[Charles Hendry.]
Brought up, and read the First time.