Clause 38 - POWER OF OFT TO IMPOSE

Part of Consumer Credit Bill – in a Public Bill Committee at 9:25 am on 27 January 2005.

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Photo of Laurence Robertson Laurence Robertson Shadow Minister (Treasury) 9:25, 27 January 2005

Given the Minister's willingness to consider a clearer wording to achieve what he rightly wants to achieve, I am prepared to withdraw my amendment. I am still a little concerned about the provision extending not only to business relationships, but to personal relationships. I can see the point of it, but I can also see the danger. I am unhappy about the open-ended wording but, given the Minister's undertaking, I beg to ask leave to withdraw the amendment.

Amendment, by leave, withdrawn.

Question proposed, That the clause stand part of the Bill.