Clause 52 - Power of OFT to impose civil penalties
Consumer Credit Bill
4:30 pm
Alan Reid (Shadow Minister, Trade & Industry; Argyll and Bute, Liberal Democrat)
I still believe that the £50,000 limit is too low. We need a higher figure—I am bearing it in mind that the 10 per cent. figure is a cap—but I do not detect any support in the Committee, so I beg to ask leave to withdraw the amendment.
Amendment, by leave, withdrawn.