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Sir David Steel
To ask the Chancellor of the Exchequer if he will set a date for the implementation of the cheque clearing system as set out in the 1990 White Paper "Banking Services: Law and Practice", Cm 1026. [33143]
Mrs. Angela Knight
The Government have already said that they intend to introduce legislation as soon as an appropriate opportunity arises to allow the cheque clearing system described in the 1990 White Paper to be introduced. It is not possible to be more precise at the moment.