§ 59. Mr. John Greenway
To ask the Chancellor of the Duchy of Lancaster what measures he proposes to take to monitor the growth of advertising of loan facilities offered by licensed credit brokers; and if he will make a statement.
§ Mr. Maude
Responsibility for monitoring the day-to-day operation of the Consumer Credit Act and of the activities of licensed credit businesses are matters for local authority trading standards departments and the Office of Fair Trading. In relation to credit advertisements, I intend shortly to make new regulations under the Act governing advertisements, and my Department circulated proposals in a consultation letter dated 5 April 1989.