Proceeding contribution from Lord Higgins (Conservative) in the House of Lords on Tuesday, 11 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]
I am also rather puzzled by this. In moving the amendment, my noble friend said that it was unusual for a private sector body to be given directions by the Treasury. I have some difficulty in thinking of any example at all. Perhaps the Minister can provide a list of those, so we know whether we are going into completely uncharted waters. I am also puzzled by subsection (4), which states that the Treasury may give a direction to comply with the obligations or prohibitions imposed by its articles of association. That seems a very unusual provision.
Secondary information
- Type
- Proceeding contribution
- Reference
- 697 c54GC
- Session
- 2007-08
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Disclosure of information Compensation Databases Codes of practice Charities Companies Assets Bank services Banks Building societies Fraud Finance Financial Services Authority Private sector Lotteries Public bodies Registration Regulation Repayments Shareholders Big Lottery Fund Commission on Unclaimed Assets
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 02:25:56 +0000
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