New Clause 1 - Debt management fees
Financial Services Bill
10:25 am

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‘The FCA shall bring forward recommendations within a year of the commencement of this Act to phase out the practice of directly charging consumers fees or charges for the provision of debt management plans.’.—(Chris Leslie.)

Brought up.

Question put, That the clause be added to the Bill.

The Committee divided: Ayes 8, Noes 10.

Question accordingly negatived.