Warranties: Compensation

(asked on 27th April 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Innovation and Skills, if he will take steps to ensure that customers who were sold cashback warranties by PowerPlan and who did not receive their cash deposits having not claimed against those warranties receive compensation.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 3rd May 2016

The liquidation of the companies involved in the cashback scheme is ongoing. The liquidators have the right to take action against the company if they consider the cashback scheme created an obligation to fund any liabilities.

My hon. Friend from Grantham and Stamford is meeting the Chair of the All-Party Parliamentary Group to discuss their findings shortly.

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