§ Mr. CousinsTo ask the Secretary of State for Trade and Industry what regulation exists of the content of, and marketing practices of, income from equity in housing schemes, home income plans and related financial products.
§ Mr. RedwoodThe marketing of schemes which include arrangements for investing capital tied up in property will generally be subject to the Financial Services Act 1986. The Consumer Credit Act 1974 and regulations made under it may apply to the marketing and documentation of the connected secured loan.