Warranties: Compensation:Written question - 904783

(Liverpool, Walton)

Named Day

'Named day' questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.

Asked on: 27 April 2016
Department for Business, Innovation and Skills
Warranties: Compensation
To ask the Secretary of State for Business, Innovation and Skills, if he will take steps to ensure that customers who were sold cashback warranties by PowerPlan and who did not receive their cash deposits having not claimed against those warranties receive compensation.
Answered by: Anna Soubry
Answered on: 03 May 2016

The liquidation of the companies involved in the cashback scheme is ongoing. The liquidators have the right to take action against the company if they consider the cashback scheme created an obligation to fund any liabilities.

My hon. Friend from Grantham and Stamford is meeting the Chair of the All-Party Parliamentary Group to discuss their findings shortly.

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