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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]

Parliament has its time taken up to create this body and there is therefore sufficient public interest for the Government to take legislative time. However, after that, Parliament will be told that it is nothing to do with it. It is all very well saying that the fund is a private company. We have established that it has public purposes, as Ministers have said. Parliament has a clear interest in the effective working-out of the scheme that Parliament is being asked to support. I do not understand, and perhaps the Minister will explain, why the Government believe that it is inappropriate for Parliament to be given information on this scheme. It seems to me to be wholly necessary.


Secondary information

Type
Proceeding contribution
Reference
697 c98GC 
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