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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]

We touched on this matter yesterday. I did not pursue my Amendment No. 32, because, on reflection, it could be better drafted. As to the rest of the clause, the noble Lord, Lord Bach, kindly indicated in response to a comment of mine that the Government might seriously consider redrafting subsection (2) so as to make it more comprehensible to the ordinary citizen and professionals. The noble Lord was more equivocal about my amendment to Clause 1, which suggested a small alteration. Just in case the Government might consider looking at that again, the adverb ““contractually”” should be inserted after ““interest””, rather than the adjective ““contractual”” before it.


Secondary information

Type
Proceeding contribution
Reference
697 c109-10GC 
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