HC Deb 19 December 1984 vol 70 c238W
30 Mr. Nicholls

asked the Secretary of State for Trade and Industry if he is satisfied with the arrangements currently in existence to compensate holidaymakers when travel agents collapse.

Mr. Fletcher

Yes. There are few service industries in this country where the customer's money is as well protected as in the travel industry. Well over 90 per cent. of retail trade outlets are members of the Association of British Travel Agents which, through its code of practice, provides reimbursement of customers' money in the event of a member's failure.