§ Bill read 3a (according to order).
902§ LORD LUDLOWMy Lords, I Move to Insert After "Provided that nothing in the foregoing provisions of this Bill shall affect the rights of any bonâ fule assignee or holder for value," the words "without notice." I think my noble friend, the Chancellor of the Duchy, approves of this Amendment.
§ Amendment moved, in Clause 2, Subsection 4, to add at end of clause "without notice."—(Lord Ludlow.)
§ LORD JAMES OF HEREFORDI accept the Amendment, which strengthens the Bill.
§ Amendment agreed to.
§ VISCOUNT KNUTSFORDSince the clause defining "money-lenders" has been revised and very much improved, a case has been brought to my notice, and, I think, to the notice of the noble and learned Lord the Chancellor of the Duchy, of a society which has power given to it by a private Act of Parliament to lend money; and it is thought, and I believe, rightly thought, that a society which is incorporated for one purpose and subsequently has its powers enlarged by the Act of Parliament, and power given to it to lend money, ought not to come within the definition. I therefore move the Amendment which stands in my name.
§
Amendment moved, in Clause 7, page 4, after line 3, insert—
(c) "Any body corporate, incorporated or empowered (before the passing of this Act), by a Special Act of Parliament to lend money in accordance with such Special Act; or"—(Viscount Knutsford.)
§ LORD JAMES OF HEREFORDI believe the society referred to is the only one existing under the same conditions. It has power by Act of Parliament to lend money under certain conditions and ought to be protected. I accept the Amendment.
§ Amendment agreed to.
§ Bill passed, and sent to the Commons.