HC Deb 19 July 1974 vol 877 cc875-6
Mr. Alan Williams

I beg to move Amendment No. 7, in page 10, line 5, after "agreement"), insert 'of which it does not form part'. This is a clarificatory amendment. A credit sale agreement is often one docu- ment selling goods on credit. Strictly speaking, we are talking of two transactions: first, an agreement to obtain credit and, secondly, an agreement to buy goods. But they are embodied in a single document. It is not the intention that they should be covered by the provisions relating to linked transactions. A linked transaction is not a sale of goods on credit in which both transactions are financed and agreed in the same document.

Amendment agreed to.

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