§ Mr. Wheelerasked the Secretary of State for Trade if he will bring forward the draft Bill to implement the proposals of the Law Commission's report No. 88 on interest, Cmnd. 7229, to require that unpaid accounts should carry interest at bank rate after the expiry of any specified term of credit.
§ Mr. TebbitI am consulting a number of representative bodies about the main recommendation in the Law Commission report No. 88. A decision about the report will be made when these are completed.