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Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Monday, 10 December 2007. It occurred during Debate on bill and Committee proceeding on Dormant Bank and Building Society Accounts Bill [HL].


Dormant Bank and Building Society Accounts Bill [HL]

So, in my example, the reclaim fund would have to pay the additional £20 even though it had received only £100 in the first instance, and that calculation is entirely in the hands of the banks. I think that is what the Minister is saying.


Secondary information

Type
Proceeding contribution
Reference
697 c23GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
Charities Assets Bank services Banks Building societies Insurance Interest charges Pensions Lotteries Repayments Taxation Big Lottery Fund
Legislation
Dormant Bank and Building Society Accounts Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk