Amendment of Price Commission Act 1977

Part of Orders of the Day — Price Commission (Amendment) Bill – in the House of Commons at 12:00 am on 31 January 1979.

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Photo of Mr Robert Maclennan Mr Robert Maclennan Parliamentary Under-Secretary (Department of Prices and Consumer Protection) 12:00, 31 January 1979

I am grateful to the hon. Member for allowing me to correct the impression which he has that I was suggesting that the safeguards are too generous. I was not suggesting anything of the kind. I was suggesting that in some cases they might be too generous and that it would be impossible for us to devise safeguards which did not act in too penal a fashion upon some while being too generous to others. That is why a discretionary system is more appropriate for the needs of industry and the public.

Amendment

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