HC Deb 23 March 1961 vol 637 cc558-9
16. Mr. Wade

asked the President of the Board of Trade whether, in view of the attempts still being made to circumvent the law relating to penalties in hire-purchase agreements by provisions for compensation for depreciation, he will now introduce legislation to prevent this practice.

Mr. Maudling

The Committee on Consumer Protection has announced its intention of considering whether there should be further control of the terms of hire-purchase and credit-sale agreements. I would prefer to await their report.

Mr. Wade

As the particular case which I have in mind relating to a motor car hire-purchase agreement is sub judice I cannot comment on it. May I ask the right hon. Gentleman to watch the position carefully with a view to introducing amending legislation?

Mr. Maudling

I will certainly watch it carefully. I know the case in question, which, as the hon. Gentleman rightly says, is sub judice.

Mr. Darling

In view of the increasing number of references to the Malony Committee, would the President consider asking that Committee to publish interim reports, because if we are to wait for a comprehensive report covering all these things we shall have to wait for another two or three years?

Mr. Maudling

I do not think the hon. Member need be quite so concerned. I do not think it is a question of an increasing number of references but of an increasing number of questions disclosing what the Committee is doing.

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