HL Deb 28 June 1932 vol 85 c278

Order of the Day for the Second Reading read.


My Lords, all this Bill does is to put a banker's draft in the same position as a cheque or a bill of exchange. It costs nothing. It will not inflict any cost upon any single person in this country, but it will remedy a small evil which exists. At present a banker's draft has not the protection which a bill of exchange has, and all the Bill does is to give the same protection to the banker's draft which a bill of exchange and a cheque have. It has passed the other House, and it is approved by the Member for the City and other people who are authorities on finance. I beg to move.

Moved, That the Bill be now read 2a.— (Lord Banbury of Southam.)

On Question, Bill read 2a, and committed to a Committee of the Whole House.