§ Mr. Carterasked the Secretary of State for Trade and Industry if he will extend the provisions of the Companies Acts as 96W they apply to motor insurance to companies which offer financial services to certain drivers who lose their licences after conviction for driving offences.
§ Mr. Peter WalkerCompanies such as those referred to in the Question do not undertake contractual obligations. It would therefore be inappropriate to bring them within the scope of insurance legislation. These companies are, of course, subject to the general requirements of the Companies Acts and to the Trade Descriptions Act.
§ Mr. Carterasked the Secretary of State for Trade and Industry if he will institute an inquiry under the Companies Act into the St. Christopher Motorists Association Limited; and if he will make a statement.
§ Mr. Peter WalkerI am considering this possibility in the light of the information currently available. If the hon. Member is able to let me have any additional relevant information, I shall take this into account.