Amendments proposed to the Consumer Credit Bill - continued | House of Commons |
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Mr Gerry Sutcliffe 3 Clause 31, page 24, line 2, leave out subsection (8) and insert'"(8) Subsection (1) shall have effect in relation to a standard licence as if an application could be made for the renewal or further renewal of the licence on the same terms (except as to expiry) even if such an application could not be made because of provision made in a general notice under section 24A(5). (9) Accordingly, in applying subsection (1AA) of section 25 in relation to the licence for the purposes of this section, the OFT shall treat references in that subsection to the description or descriptions of business in relation to a type of business as references to the description or descriptions of business included in the licence in relation to that type of business, notwithstanding that provision under section 24A(5).".'.
Mr Gerry Sutcliffe 4 Clause 31, page 24, line 13, leave out 'because a person can no longer' and insert 'simply because, by virtue of provision made in a general notice under section 24A(5), a person cannot'.
Mr Gerry Sutcliffe 7 Clause 32, page 24, line 20, after 'step' insert 'for such period as it thinks fit'.
Mr Gerry Sutcliffe 5 Clause 32, page 24, line 27, leave out subsections (3) and (4) and insert'(3) Subject to subsection (4), where the OFT defers the taking of a step falling within subsection (2), the licence shall continue in effect for the period of the deferral
(4) Where the OFT defers the taking of a step falling within subsection (2), it may
Mr Laurence Robertson 32 *Clause 34, page 27, line 39, at end insert'(1E) In all cases, the OFT shall state its reason for allowing for a limited period only, when the application was for an indefinite period, and those reasons shall be consistent with the guidelines the OFT itself sets out.'.
Mr Laurence Robertson 28 Page 39, line 11, leave out Clause 48.
Mr Laurence Robertson 33 *Clause 42, page 33, line 27, leave out subsection (3) and insert'(3) The OFT shall have the duty to take all reasonable steps to ensure that the revised guidance is brought to the attention of those likely to be affected by it.'.
Mr Laurence Robertson 34 *Clause 42, page 33, line 31, at end insert ', which shall include a representative sample of those likely to be affected by it.'.
Mr Laurence Robertson 35 *Clause 47, page 38, line 27, at end insert'(7A) It shall be the duty of the OFT to take all reasonable steps to ensure that its own officers, or those of the enforcement agency, shall, when entering and while on the premises by virtue of this section, at all times behave in a reasonable and professional manner.'.
Mr Laurence Robertson 36 *Clause 51, page 42, line 43, at end add'(9) The OFT shall maintain a record of all visits to premises carried out by virtue of the relevant sections of this Act, and those records shall be made available to the appeal authorities set up by this Act.'.
Mr Laurence Robertson 37 *Clause 52, page 43, line 16, at end insert 'This amount may be altered by the Secretary of State by Statutory Instrument.'.
Mr Laurence Robertson 38 *Clause 52, page 43, line 23, after 'OFT', insert 'through the courts'.
Mr Laurence Robertson 39 *Clause 53, page 43, line 41, leave out 'and'.
Mr Laurence Robertson 40 *Clause 53, page 44, line 3, at end insert '; and informing him of his right of appeal against this penalty.'.
Mr Laurence Robertson 41 *Clause 53, page 44, line 11, at end insert
Mr Laurence Robertson 42 *Clause 54, page 44, line 34, at end insert ', who shall have the power to order that the statement of policy shall be amended if he is not satisfied with it.'.
Mr Laurence Robertson 43 *Clause 54, page 44, line 39, at end insert ', which shall include a representative sample of those likely to be affected by it.'.
Mr Laurence Robertson 44 *Clause 60, page 49, line 41, at end add'(16) No licensee shall have to pay to the Ombudsman or its scheme operator any money until such time as the case is decided against him.'.
Mr Gerry Sutcliffe 6 Clause 62, page 51, line 3, leave out '1' and insert '1(1)'.
NEW CLAUSESCredit-token specification
Mr James Plaskitt NC1 To move the following Clause:
Prohibition of unsolicited credit-token applications
Chris Bryant NC2 To move the following Clause:'After section 51 of the 1974 Act insert "51A Prohibition of unsolicited credit-token applications. '(1) It is an offence to give a person an application form for a credit-token unless he has specifically requested it. (2) To comply with subsection (1), a request must be made by the person making the request either by way of
Duties of lenders and debtors
Mr Laurence Robertson NC3 To move the following Clause:'(1) A lender who provides credit or loans to a debtor so that the debtor may purchase goods and/or services from a third party, who acts as an agent for the lender, in terms of signing debtors up to financial agreements, shall take all reasonable steps to ensure that
(3) If the debtor so demonstrates, it shall be for the lender to show that he has taken all reasonable steps to ensure that the requirements of the above subsections have been met. (4) If the lender fails so to do to the satisfaction of the court, the court shall have the power to review the agreement.'.
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