§ 81. Sir J. Lucas
asked the President of the Board of Trade if he will allow the hire-purchase companies to extend payments due from owners of hire cars and trade vehicles, in view of the fact that petrol rationing has in many instances made it impossible for the purchasers to continue their payments and must, in many instances, result in bankruptcy.
§ Mr. Erroll
I am advised that it is not a contravention of the hire-purchase control for companies to accept whatever payments a hirer can afford to make, so long as there is no variation of the original hire-purchase agreement.