Consumer Credit (Regulation and Advice) Bill 2010-12

The Bill failed to complete its passage through Parliament before the end of the session. This means the Bill will make no further progress. impose certain limits on consumer credit interest rates and charges; to establish a levy on credit and debit card providers to fund the provision of debt advice services; to give powers to local authorities to restrict the provision of premises for licensed consumer credit agencies within a local area; to make provision regarding the availability of certain financial services products at branches of the Post Office; to make other measures relating to the regulation of, and availability of advice on, consumer credit; and for connected purposes;

Private Members' Bill (under the Ten Minute Rule)

What is this Bill?

The Consumer Credit (Regulation and Advice) Bill was a Ten Minute Rule Bill tabled by Stella Creasy.

Is this Bill currently before Parliament?

No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2010-12 Session.

Whose idea is this Bill?

As a Private Members' Bill, this Bill represents the individual initiative of an MP (Stella Creasy), not the Government.

What type of Bill is this?

A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.

So is this going to become a law?

No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.

Would you like to know more?

See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill

Share Bill