Enterprise Bill — 28 Oct 2002 at 19:25
[Amendments Nos. 49 to 51 not moved.]
Clause 257 [Investigation by official receiver]:
[Amendment No. 52 not moved.]
moved Amendment No. 53:
After Clause 271, insert the following new clause-
"COMMISSION OF BODY TO STUDY THE EFFECTS OF ACT
(1) The Secretary of State shall commission a reputable and appropriate qualified body to carry out a rolling study of the effects of the personal insolvency aspects of this Act in sections 255 to 271 and Schedules 19 to 23 on-
(a) numbers of personal bankrupts;
(b) cost to unsecured lenders; and
(c) effect on lending rates and on access to credit.
(2) Following the third anniversary of this Act coming into force, and annually thereafter, the Secretary of State shall arrange for an annual report of the findings of the study commissioned in accordance with subsection (1) to be laid before Parliament."
On Question, Whether the said amendment (No. 53) shall be agreed to?
Their Lordships divided: Contents, 61; Not-Contents, 103.
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