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Proceeding contribution from Baroness Noakes (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]

The Government cannot abdicate their responsibility in this regard. They have brought forward this Bill to cover the precise circumstances of taking dormant account money into a company and then on to the Big Lottery Fund. They cannot just say, ““We haven’t the faintest idea what these organisations that are nothing to do with the Government are going to do about setting up the body in the middle. We’re going to put some rather odd bits in legislation, we’re going to resist any suggestion that there should be further transparency in relation to this body, and we expect Parliament to accept that proposition””. I cannot think of any example when any Government have asked Parliament to pass a Bill on such a flaky basis.


Secondary information

Type
Proceeding contribution
Reference
697 c96GC 
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