HC Deb 07 February 1968 vol 758 cc130-1W
Mr. Gregor Mackenzie

asked the President of the Board of Trade if he will publish in the OFFICIAL REPORT the number of changes in the hire purchase regulations affecting the furniture industry, together with the dates and nature of such changes from 1959 to the latest convenient date.

Mr. Darling:

Hire-purchase regulations were not in force in 1959. They were reintroduced on 29th April, 1960. The information for the period since then is as follows:

Date of change Minimum deposit (per cent. of cash price) Maximum repayment period (months)
29th April, 1960 10 24
20th January, 1961 10 36
8th February, 1966 15 30
21st July, 1966 20 24
31st August, 1967 15 30