New Clause 1 - Debt management fees

Financial Services Bill – in a Public Bill Committee at 10:25 am on 22nd March 2012.

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‘The FCA shall bring forward recommendations within a year of the commencement of this Act to phase out the practice of directly charging consumers fees or charges for the provision of debt management plans.’.—(Chris Leslie.)

Brought up.

Question put, That the clause be added to the Bill.

The Committee divided: Ayes 8, Noes 10.

Division number 47 Decision Time — New Clause 1 - Debt management fees

Aye: 8 MPs

No: 10 MPs

Ayes: A-Z by last name

Nos: A-Z by last name

Question accordingly negatived.