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Proceeding contribution from Lord Shutt of Greetland (Liberal Democrat) 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]

I wonder whether it would be appropriate—I just happen to have a copy of the Labour manifesto with me—to read this wonderful sentence: "““We will work with the financial services industry to establish a common definition and a comprehensive record of unclaimed assets””." It says ““assets”” there, by the way, not just ““bank accounts””. That phrase ““common definition”” is very important because of the need for a level playing field. That is my concern, and I will come back to it on another occasion; I have a related amendment, though whether we will get to it tonight is another matter. But it is interesting to see what the Government’s own manifesto had to say.


Secondary information

Type
Proceeding contribution
Reference
697 c112GC 
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