My Lords, it depends on the definition of the law and whether the activities in which they are involved can be defined as those of estate agents. I was not implying that they were employing other estate agents as intermediaries; what matters is the definition of their activities. We can perhaps return to that matter in Committee.
The noble Lord, Lord De Mauley, mentioned the current cap of £25,000. The cap is not imposed by government; it is up to industry to propose details of schemes, including compensation.
I shall study Hansard and write to noble Lords on questions which were not covered in my winding-up speech. As I said earlier, some details are more appropriately dealt with in Committee. In summary, the Bill will create a heavyweight champion for consumers, give enforcers the tools they need to get rid of rogue estate agents, and strengthen consumer rights and redress.
On Question, Bill read a second time, and committed to a Grand Committee.
Consumers, Estate Agents and Redress Bill [HL]
Proceeding contribution from
Lord Truscott
(Labour)
in the House of Lords on Monday, 4 December 2006.
It occurred during Debate on bills on Consumers, Estate Agents and Redress Bill [HL].
About this proceeding contribution
Reference
687 c1016 Session
2006-07Chamber / Committee
House of Lords chamberRelated items
Deposited Paper DEP 06/2233
Thursday, 7 December 2006
Deposited papers
House of Lords
House of Commons
Thursday, 7 December 2006
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Timestamp
2023-12-15 11:23:13 +0000
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