Oral question asked in the House of Lords, by Baroness Walmsley (Liberal Democrat). It was answered by Lord Myners (Labour) on Tuesday, 2 February 2010.
Banks: Dormant Accounts
- Question
- To ask Her Majesty’s Government how much money from dormant bank accounts has reached front-line youth services to date.
- Answer
-
Although no money from the dormant account scheme has yet been released to any of the spending priorities, the 2009 PBR announced that the Co-operative Financial Services Group intends to submit an application to the FSA for authorisation to establish and administer the reclaim fund. If the work on this proceeds as planned, it is expected to be operational by mid-2010, which will enable funds to flow to the Big Lottery Fund and to spending priorities from that date.
Secondary information
- Type
- Oral question
- Reference
- 717 c112
- Session
- 2009-10
- Oral question type
- Lead
- Chamber / Committee
- House of Lords chamber
- Subjects
- Bank services Finance Youth services Dormant assets scheme
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-13 12:40:29 +0000
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