§ Mr. Mike Thomas
asked the Secretary of State for Prices and Consumer Protection what is the estimated loss of revenue from licence fees under the Consumer Credit Act 1974 if group licences are issued to the Institute of Chartered Accountants in England and Wales and to the Association of Certified Accountants.
§ Mr. John Fraser
The Act places responsibility for administering the licensing system on the Director General of Fair Trading. I am therefore asking him to write to my hon. Friend.