§ Mr. Ieuan Wyn JonesTo ask the Secretary of State for Trade and Industry if he will make it his policy to require the credit industry to discontinue using negative options on credit application forms.
§ Mr. LeighYes. Regulation are to be made under the Consumer Credit Act 1974 prohibiting persons licensed under the Act from presenting or sending to prospective borrowers application forms or agreement containing inertia selling provisions such as negative options.