Orders of the Day — Bankruptcy (Scotland) Bill

Part of the debate – in the House of Commons at 3:32 pm on 17 June 1992.

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Photo of Mr Ian Lang Mr Ian Lang , Galloway and Upper Nithsdale 3:32, 17 June 1992

We are not contemplating changing the nature of the Bill, which enacts a number of measures unrelated to fees. The fact remains that there have been negotiations in the past with the institute about the amount of the block fee, negotiations which have secured savings amounting roughly to 50 per cent. It will be clear from the figures that I will give the House shortly that the cost of administering sequestration in Scotland has soared dramatically, however, and the Government do not have the necessary powers to control these matters on behalf of the taxpayer. Even though there is still scope for futher negotiation with the practitioners and others over the conduct of sequestration, it is still necessary for the Government to have powers in this area.