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Clause 40 - Supplementary provision relating to requirements

Part of Consumer Credit Bill – in a Public Bill Committee at 11:45 am on 28th June 2005.

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Photo of James Brokenshire James Brokenshire Conservative, Hornchurch 11:45 am, 28th June 2005

Briefly, subsection (3) says that a person shall not be required under section 33A or 33B to compensate or otherwise make amends to another person. Could that provision be used to prevent a practice from taking place, for example, if there was an improper practice in place for a particular borrower? Could it be used to protect a borrower in those circumstances?