HL Deb 25 July 1974 vol 353 cc1910-1

[Nos. 230 to 250.]

Schedule 1, page 107, line 13, leave out '45(1) Failure to indicate in advertisements that goods etc.'and insert' 45 Advertising credit where goods etc. not'.

Clause 192,Page 109, line 7, at end insert:

' (Alternative procedure for business consumers). Failure of credit reference agency to comply with section (Alternative procedure for business consumers (3) or (4). Summarily £200.'

Clause 192,Page 109,line 13, leave out 'sections' and insert 'section'.

Clause 192,Page 109,Schedule 2, page 110, line 12, at end insert '24'.

Clause 192,Page 109,line 24. at end insert '24'.

Clause 192,Page 109,line 25, at end insert—'Modifying agreement. 82(2) 24'.

Clause 192,Page 109,line 29, leave out '181' and insert '187'.

Clause 192,Page 109,page 112, line 35, leave out '11(4)' and insert '11(1A)'.

Clause 192,Page 109,page 116, line 45, leave out "agreements providing for the bank' and insert 'a scheme whereby the bank uhdertakes'.

Clause 192,page 117,.line 19, leave out '181(3)' and insert '187(3)'

Clause 192,page 117,line 29, after 'Analysis' insert:

'In exceeding his credit limit B, by implication, requests A (Credit) to allow him a temporary excess (compare Example 17). A (Credit) are thus faced by B's action with the choice of treating it as a breach of contract or granting his implied request. They do the latter. If they had done the former, B would be treated as taking credit to which he was not entitled (see section 14(3)) and, subject to the terms of his contract with A, Credit), would be liable to damages for breach of contract. As it is,'.

Clause 192,Page 118, line 6, at end insert—

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