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Official Report: search what was said in Parliament

The Official Report is a written record of public meetings of the Parliament and committees.  

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Dates of parliamentary sessions
  1. Session 1: 12 May 1999 to 31 March 2003
  2. Session 2: 7 May 2003 to 2 April 2007
  3. Session 3: 9 May 2007 to 22 March 2011
  4. Session 4: 11 May 2011 to 23 March 2016
  5. Session 5: 12 May 2016 to 4 May 2021
  6. Current session: 13 May 2021 to 14 November 2025
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Displaying 2330 contributions

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Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

Your organisations have argued that the statutory pledge provisions could open up a high-cost credit market in Scotland that will target vulnerable consumers—Myles Fitt just touched on that. How likely is that to happen, and what could be the potential impact on the people who then become your clients?

Delegated Powers and Law Reform Committee

Instruments subject to Negative Procedure

Meeting date: 4 October 2022

Stuart McMillan

Is the committee content with the instruments?

Members indicated agreement.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

Oliver Mundell has a supplementary question. We will then go back to Bill Kidd.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

I have one final question, which has partly been touched upon. Your position is clear on the need for consumers to come out of the bill. Is there anything else that you would like to be in the bill? You touched upon the statutory moratoriums in response to Paul Sweeney’s question.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

Thank you. I bring in Mr Dailly.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

I have a question about the threshold of £1,000, and I know that one of my colleagues will ask about that in a bit more detail. The initial report by the SLC was published a number of years ago, and I imagine that the £1,000 threshold was probably fit for that time. Do you want that threshold to be increased?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

Do you have anything to add, Mr Dailly?

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

I move to questions from Bill Kidd.

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

I thank Mike Dailly, Dr Hardman and Dr Patrick for their help. The committee might follow up by letter on any additional questions that stem from the meeting. There are only one or two points thus far, but we might want to do another letter.

I will suspend the meeting to allow a change of witnesses and a five-minute comfort break.

11:13 Meeting suspended.  

11:23 On resuming—  

Delegated Powers and Law Reform Committee

Moveable Transactions (Scotland) Bill: Stage 1

Meeting date: 4 October 2022

Stuart McMillan

For our second panel, I welcome Myles Fitt, who is the strategic lead for financial health at Citizens Advice Scotland, and Alan McIntosh, who is an approved money adviser at Advice Talks.

I will start off with some of my own questions before I move on to questions from colleagues.

I noticed that the submission from Citizens Advice contains a lot of references to the current cost of living crisis, but the bill as introduced and the financial memorandum indicate that, if the bill is passed, it would not be implemented until 2024. Some of the commentary from Citizens Advice appears to be focused on the present day, and we all hope that we are not still in the current crisis by 2024. Do you accept that, Myles?