Proceeding contribution from Lord Monson (Crossbench) 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]
Surely the answer to the noble Lord, Lord Shutt, is contained in Clause 7(1) which makes clear that the Bank of China or any other foreign-owned bank needs to have only one branch in the United Kingdom for it to be included in the scheme. I raised the point about the Channel Islands and the Isle of Man at Second Reading, but I would guess that they are totally outside the United Kingdom and are therefore not included.
Secondary information
- Type
- Proceeding contribution
- Reference
- 697 c108GC
- 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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- 2023-12-16 02:28:03 +0000
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