New Clause 23 — Consumer credit: bill of sale

Prohibition of Unpaid Internships – in the House of Commons at 4:45 pm on 13th May 2014.

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Votes in this debate

‘(1) Where a person is a purchaser of goods subject to a bill of sale, made in connection with a regulated agreement under the Consumer Credit Act 1974, in good faith and without notice of the bill of sale, title to those goods shall pass to that person.

(2) A creditor is not entitled to enforce a bill of sale made in connection with a regulated agreement by recovering possession of the goods except through an order of the court.

(3) If goods are recovered by the creditor in contravention to subsection (2)—

(a) the bill of sale will be treated as invalidly made; and

(b) the debtor shall be released from any outstanding liability under the regulated agreement.

(4) If the creditor has disposed of goods taken in contravention of subsection (2) the debtor shall be compensated to the value of those goods.’.—(Stella Creasy.)

Brought up, and read the First time.

Question put, That the clause be read a Second time.

The House divided:

Ayes 221, Noes 293.

Division number 276 Prohibition of Unpaid Internships — New Clause 23 — Consumer credit: bill of sale

Aye: 221 MPs

No: 293 MPs

Ayes: A-Z by last name

Tellers

Nos: A-Z by last name

Tellers

Question accordingly negatived.