HC Deb 29 March 1955 vol 539 c11W
55. Mr. Blenkinsop

asked the President of the Board of Trade whether he is aware of the growth of renting agreements under which firms seek to evade the regulations governing hire-purchase and which provide for interest charges greater than the regulations permit and for the restoration of articles to the company concerned on the death of the hirer; and what regulations he proposes to make to safeguard persons who are misled into signing agreements of this nature.

Mr. H. Strauss

No. The Hire-Purchase and Credit Sale Agreements (Control) Order, 1955, does not control renting agreements or interest charges. My right hon. Friend sees no reason to change the existing law on the subject of misrepresentation.

Forward to