§ Mr. Boxasked the President of the Board of Trade whether he will indicate the terms of the Order which he pro-the terms of the Order which he proposes to make permitting add-to agreements for furniture under the hire-purchase control.
§ Mr. ErrollThe Order will provide that, when a customer has paid off 25 per cent. or more of the cash price under an existing hire-purchase or credit-sale agreement, he can acquire furniture and/or bedding without payment of a further deposit, provided that the balance outstanding on the existing agreement plus the cash price of the additional goods does not exceed the cash price of the goods covered by the original agreement. It will further provide that repayments must continue at not less than the original rate and that all monies out-
242WMidland, and Scottish regions in each quarter from April, 1960, to December, 1962; and how many new jobs were provided in each year.
§ Mr. ErrollThe figures are as follows:
standing must be repaid within 36 months of the date of any additional agreement. There will also be provision that, in cases where such an agreement has been completed within six months prior to the date on which the Order comes into force, a further agreement covering furniture and/or bedding of a cash price not exceeding that of the goods covered by the previous agreement may be entered into without payment of a deposit.