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Proceeding contribution from Baroness Pitkeathley (Labour) 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 declare an interest as a member of the Commission on Unclaimed Assets. The Committee should bear in mind that while everybody is agreed about the necessity of reuniting account holders with their money, it is estimated that there is vastly more money than will ever be reunited with account holders. We ought also to bear in mind that the other purpose of the Bill is to release this money into the charitable sector where it can work for disadvantaged people, and we will debate later how we are going to do that.

Secondary information

Type
Proceeding contribution
Reference
697 c80GC 
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