Ancillary charges will not be regulated
The Department for Business, Innovation and Skills (BIS) has decided not to regulate 'ancillary' charges – those which, from a consumer's perspective, do not form part of the 'essential bargain' between trader and customer.
The BVRLA welcomed the announcement, calling it both sensible and fair. The association's head of legal services, Jay Parmar, said: "There was no justifiable basis for charges for administration, fuel and excess mileage to be regulated, especially as these are intended to recoup losses or costs incurred by our members and are therefore driven by cost recovery."
source: BVRLA
Labels: BVRLA, Money, Regulation
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