The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 2526 contributions
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
Under the information provisions in the bill, a debtor in an assignation would have no direct right to find out whether the obligation to which they are subject has been transferred. They could also be charged for that information by the assignee. Will the Scottish Government commit to addressing that?
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
Welcome to the 27th meeting in 2022 of the Delegated Powers and Law Reform Committee. I ask everyone present to switch their mobile phones to silent.
Agenda item 1 is a decision on whether to take items 5, 6 and 7 in private. Is the committee content to do so?
Members indicated agreement.
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
Thank you, minister. I will open with some initial questions.
Can you provide any up-to-date figures on the likely impact of the bill on businesses in Scotland?
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
Thank you. What evidence has the Scottish Government received from lenders that they are planning to offer a broader or cheaper range of products to businesses in Scotland?
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
Item 2 is our final evidence session on the Moveable Transactions (Scotland) Bill. Today, we are taking evidence from Tom Arthur, the Minister for Public Finance, Planning and Community Wealth, who is accompanied by three Scottish Government officials: Hamish Goodall, who is the bill team leader, and Rob McConnell and Vuyi Stutley, who are solicitors in the Government’s commercial and competition law branch. I welcome you all to the committee.
I remind all attendees not to worry about turning on the microphones during the session, as they are controlled by broadcasting.
I invite? the minister to make some opening remarks.
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
I genuinely welcome the comments that have just been reiterated to the committee, but has the Government received any up-to-date recommendations, suggestions or advice from the financial sector? I note that those comments that were made to the SLC were made in the past.
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
Stakeholders from the consumer and money advice sector have raised concerns about the impact of the assignation reforms on consumer credit debts. From your consultations with lenders and other potential users of the register of assignations, can you tell us to what extent you expect the register to be used for the assignation of consumer credit debts?
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
That is no problem.
Jeremy Balfour has questions.
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
On the question about register searches, Alan McIntosh recommended in his evidence that money advice operations be given free access to registers. Obviously, that recommendation deals with consumers, which we will go into in a moment. Would you consider that option?
Delegated Powers and Law Reform Committee
Meeting date: 1 November 2022
Stuart McMillan
That would be helpful. Jeremy Balfour also asked about the possible section 104 order. If there is any update or correspondence about that from the UK Government, it would be helpful if you could inform the committee.
I thank the minister and his officials for their evidence. The committee might follow up by letter with additional questions.
11:04 Meeting suspended.