§ Mr. Jim Spicerasked the Secretary of State for Prices and Consumer Protection why, under the code of fair trading practice covering the travel agency business, travel agents are specifically authorised to impose surcharges when the exchange rate for the £ sterling falls but are placed under no obligation under the code even 559W to consider the making of refunds when the £ sterling exchange rate moves the other way.
§ Mr. John FraserThe code of practice adhered to by members of the Association of British Travel Agents was drawn up in consultation with the Director General of Fair Trading under Section 124 of the Fair Trading Act 1973. I shall therefore draw the Director General's attention to the point raised by the hon. Member.