Skip to main content

Consumer Credit

Volume 961: debated on Monday 22 January 1979

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Prices and Consumer Protection how many representations his Department has received since April 1977 expressing concern about the provisions contained in section 155 of the Consumer Credit Act 1974; and if he will make a statement.

Since April 1977 my Department has received eight representations about section 155. The majority was from consumers who were concerned to obtain their rights; the others were on behalf of brokers who were critical of the provision. I understand that the Director General of Fair Trading has received over 50 written complaints or inquiries showing a similar pattern. He is statutorily responsible for keeping the working of the Act under review and, if experience showed that amendment was needed, he would doubtless so advise my right hon. Friend.