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Proceeding contribution from Lord Higgins (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]

moved Amendment No. 5: 5: Clause 1, page 1, line 7, leave out ““customer”””” and insert ““owner”””” The noble Lord said: This amendment is the last that I shall be moving for some time. Throughout, the Bill uses the term ““customer”” of the bank. I am troubled because the customer may well be long dead and gone and no longer exist as far as this world is concerned, but the account is the property of one of his heirs. Therefore, I believe that it would improve the drafting if we used the word ““owner”” instead. I shall leave it there but I hope I have made the point. I beg to move


Secondary information

Type
Proceeding contribution
Reference
697 c26GC 
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