§ Mr. Peter Bruinvelsasked the Secretary of State for Trade and Industry if he will introduce legislation to regulate the amount of commission which may be charged by bureaux de change; and if he will make a statement.
§ Mr. HowardI have no plans for legislation to control the level of commission charges, but a code of practice issued by my Department early last year calls on banks and bureaux to display their commission and exchange rates prominently. Many banks and bureaux are already complying with these requirements, to which the Consumer Protection Bill, if enacted, will give statutory backing.