§ Mr. Roper
asked the Secretary of State for Trade and Industry (1) whether his 205W Department is conducting the review of the law affecting credit unions with a view to making proposals on its amendment as suggested in the report of the Crowther Committee on Consumer Credit;
(2) whether he will consider referring the law affecting credit unions to the Law Commission in order that it can be amended as suggested by the Crowther Committee on Consumer Credit.
§ Mr. Ridley
We are considering the proposals of the Crowther Committee on Consumer Credit for fundamental reform of the law on consumer credit as a whole. Legislation giving effect to them would need to take account of the activities of credit unions and could affect them. Until decisions have been taken on this major legislation, it will not be appropriate to consider in detail the need for amendment of, or addition to, the law relating specifically to credit unions.