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]
Of course they do when money is successfully identified as being owed to the borrowers, but the intention behind the scheme is that the totality of the resources in the reclaim fund from accounts that are regarded as dormant is transferred to other objectives. At present, those resources are used for public expenditure.
Secondary information
- Type
- Proceeding contribution
- Reference
- 697 c105GC
- 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
Librarians' tools
- Timestamp
- 2023-12-16 02:37:07 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_428645
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_428645
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_428645