Proceeding contribution from Lord Davies of Oldham (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 see the refinement that the noble Baroness recommended and that the noble Lord, Lord Higgins, has identified. It is not that the disadvantages I have identified might not be overcome and the private sector persuaded about constructive ideas, but this is legislation: if we put this into the Bill it becomes obligatory on institutions to fulfil these obligations and we are not persuaded of the case.
Secondary information
- Type
- Proceeding contribution
- Reference
- 697 c83GC
- 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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- Timestamp
- 2023-12-16 02:32:39 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_428578
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