HC Deb 09 April 1962 vol 657 c89W
Mr. Rankin

asked the Lord Advocate if he is aware of the hardship caused to many purchasers of goods on hire purchase by the demands made by hire-purchase companies of sums greatly in excess of the original price of the goods concerned; and if he will introduce legislation limiting the amounts that may be so demanded.

Lord Advocate

No. Any complaints which I have received in this field have been, almost without exception, in regard to credit-sales and not to hire-purchase. Additional protection was given to purchasers and guarantors under credit-sale agreements by the Credit-Sale Agreements (Scotland) Act, 1961.

In any event it would, I am sure, be unwise to consider legislation on a matter such as this before the Molony Committee has reported and there has been an opportunity to study its recommendations.