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Overdrafts

Volume 113: debated on Thursday 26 March 1987

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48.

asked the Chancellor of the Exchequer what discussions he has had with the chairmen of the clearing banks and the Bank of England concerning amendments to be proposed to the Consumer Credit Act in relation to overdrafts.

None. The operation of the Consumer Credit Act 1974 is primarily a matter for my right hon. Friend the Secretary of State for Trade and Industry and the Director-General of Fair Trading.