§ Mr. Bowen Wellsasked the Secretary of State for Trade when he expects to implement the Estate Agents Act 1979; and if he will make a statement.
§ Mrs. Sally OppenheimMuch progress has been made in preparing the subordinate legislation necessary to implement the provisions of the Act relating to clients' money and the powers of the Director General of Fair Trading. My intention is to consult as soon as possible on a revised draft of the accounts regulations to the wide extent required by the Act. Although I hope for early implementation of the relevant provisions, I cannot give a precise date until I know the outcome of that consultation.