Early day motion tabled by primary sponsor Helen Jackson (Labour), on Wednesday, 22 May 1996, in the House of Commons. It is signed by 66 members in total.

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DIVORCED WOMEN AND BUILDING SOCIETY INVESTMENTS

That this House believes that the present rules which entitle only the first name on a building society joint account to share options or other benefits arising out of mergers or takeovers is unfair to the other party; recognises that the one discriminated against is invariably a women and that where separation or divorce has not led to the splitting of a joint account, the woman can lose all rights to her share of the joint investment; and calls on the Government to redress this anomaly at the earliest opportunity so as to ensure that in all cases such rights are divided equally between divorced couples.

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Secondary information

Type

Early day motion

Reference

931 

Session

1995-96

Subjects

Building societies Takeovers

Link

View this Early day motion on www.parliament.uk