Clause 34 - Definite and indefinite licences

Consumer Credit Bill – in a Public Bill Committee at 11:30 am on 28 June 2005.

Alert me about debates like this

Photo of Gerry Sutcliffe Gerry Sutcliffe Parliamentary Under-Secretary (Trade and Industry) (Employment Relations and Consumer Affairs) 11:30, 28 June 2005

I beg to move amendment No. 20, in clause 34, page 28, line 40, after ‘fit’, insert (subject to subsection (1E))’.

Photo of Derek Conway Derek Conway Conservative, Old Bexley and Sidcup

With this it will be convenient to discuss Government amendments Nos. 21 and 22.

Photo of Gerry Sutcliffe Gerry Sutcliffe Parliamentary Under-Secretary (Trade and Industry) (Employment Relations and Consumer Affairs)

These are technical amendments and I hope that the Committee understands their consequential nature in the light of what was agreed previously.

Amendment agreed to.

Amendments made: No. 21, in clause 34, page 29, line 4, at end insert—

‘(1E)Where a licence which has effect indefinitely is to be varied under section 30 or 31 for the purpose of limiting the licence’s duration, the variation shall provide for the licence to expire—

(a)in the case of a variation under section 30, at the end of such period from the time of the variation as is set out in the application for the variation; or

(b)in the case of a variation under section 31, at the end of such period from the time of the variation as the OFT thinks fit;

but a period mentioned in paragraph (a) or (b) shall not exceed the prescribed period.’.

No. 22, in clause 34, page 29, line 13, leave out ‘(1D)’ and insert ‘(1E)’.—[Mr. Sutcliffe.]

Clause 34, as amended, ordered to stand part of the Bill.