§ Mr. GardinerTo ask the Secretary of State for Trade and Industry what discussions she has had with Premium Credit about the compliance of their instructions to policyholders of Independent Insurance Company to continue payments with the terms of the Consumer Credit Act 1974. [4493]
§ Miss Melanie JohnsonNone. I understand Premium Credit have discussed this issue with the Provisional Liquidator. Premium Credit have now written to individual policy holders saying they will not be required to make further direct debit payments when they assign their right to a premium refund from the Policyholders Protection Board in respect of the remainder of the policy year.