I am grateful to the hon. Gentleman for giving way. I should point out that credit unions will not be regulated under the Consumer Credit Bill. They are regulated under the Financial Services and Markets Act 2000, so they will not be subject to the tests that the OFT will apply.
Consumer Credit Bill
Proceeding contribution from
Gerry Sutcliffe
(Labour)
in the House of Commons on Wednesday, 29 March 2006.
It occurred during Debate on bills on Consumer Credit Bill 2005-06.
About this proceeding contribution
Reference
444 c993 Session
2005-06Chamber / Committee
House of Commons chamberSubjects
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