July 2014

Consumer Rights Bill

The Consumer Rights Bill reaches its second reading in the House of Lords in July. The Society welcomes and agrees with the policy intentions behind the Bill which are to strengthen the rights of UK consumers, however highlights its concerns around the inclusion of the term 'consideration' which is not a recognised legal term in Scotland. The Society also questions why the Bill does not provide any right of rejection for digital content, having been considered in a previous consultation, nor makes any reference to continuous payment authorities, sometimes known as 'recurring payments' often used in the payday loan market, and involves the debtor giving the company his or her card details and authorising the lender to take regular payments from his or her account.

Full details here