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  Consumer Rights Bill - New Clause 23 - Ownership of Goods With A Charge Against Them Due to A Bill of Sale Agreement
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to make it so if someone purchases something they become its owner even if it has a debt secured on it as a result of a bill of sale agreement so long as they buyer was unaware of the loan.
  @ MP voted no against making it so if someone purchases something they  become its owner even if it has a debt secured on it as a result of a bill of sale agreement so long as they buyer was unaware of the loan. 
  
  The majority of MPs voted against a proposal that if someone purchases something they become its owner even if it has a debt secured on it as a result of a bill of sale agreement so long as they buyer was unaware of the loan.
  
  
  MPs were considering the Consumer Rights Bill[1]. The text of the proposed new clause rejected in this vote was:
  
  :â(1) Where a person is a purchaser of goods subject to a bill of sale, made in connection with a regulated agreement under the Consumer Credit Act 1974, in good faith and without notice of the bill of sale, title to those goods shall pass to that person.
  
  :(2) A creditor is not entitled to enforce a bill of sale made in connection with a regulated agreement by recovering possession of the goods except through an order of the court.
  
  :(3) If goods are recovered by the creditor in contravention to subsection :(2)â
  
  :(a) the bill of sale will be treated as invalidly made; and
  
  :(b) the debtor shall be released from any outstanding liability under the regulated agreement.
  
  :(4) If the creditor has disposed of goods taken in contravention of subsection (2) the debtor shall be compensated to the value of those goods
  
  
  
  * [1] [http://services.parliament.uk/bills/2013-14/consumerrights.html Parliament's webpage on the Consumer Rights Bill]
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  