§ Queen's Recommendation having been signified—
§
Resolved,
That, for the purposes of any Act of the present Session to provide for the appointment of a Consumer Credit Commissioner, and establish for the protection of consumers a new system, administered by that Commissioner, of licensing and other control of traders concerned with the provision of credit, or the supply of goods on hire or hire-purchase, and their transactions, in place of the present enactments regulating moneylenders, pawnbrokers and hire-purchase traders and their transactions, it is expedient to authorise:
§ (1) the payment out of money provided by Parliament of:
- (a) all expenses incurred by the Secretary of State:
- (i) in paying remuneration, allowances or other sums payable under that Act to or in respect of persons who hold or have held the office of Consumer Credit Commissioner, and
- (ii)in defraying all expenses duly incurred by the Commissioner in the payment of remuneration or allowances payable under that Act to the staff of the Commissioner and, to such amount as the Secretary of State, with the approval of the Treasury or the Minister for the Civil Service, may determine, all other expenses duly incurred by the Commissioner; and
- (b) any other expenses incurred by the Secretary of State or by any other Minister of the Crown or Government department in consequence of the provisions of that Act; and
- (c) any increase attributable to that Act in the sums payable out of money provided by Parliament under the Superannuation Act 1972; and
§ (2) the payment into the Consolidated Fund of:
- (a) any fees received by the Commissioner under that Act; and
- (b) any money appropriated from the Consolidated Fund of Northern Ireland under that Act to make good such sums paid out of the Consolidated Fund of the United Kingdom in connection with the execution of that Act as may be determined by the Treasury to be properly payable by the Government of Northern Ireland.—[Mr. Michael Heseltine.]