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Proceeding contribution from Lord Hamilton of Epsom (Conservative) in the House of Lords on Thursday, 10 January 2008. 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 also support the amendment moved by my noble friend. It strikes me that competition is very important, and the comparison between one bank or building society and another will play a significant role in applying pressure. There has also been some suggestion—I do not know how true the Minister thinks this is—that banks will cut their charitable contributions as they make contributions to the reclaim fund. Of course, that would then show up more clearly as well.


Secondary information

Type
Proceeding contribution
Reference
697 c361GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
Disclosure of information Codes of practice Assets Bank services Banks Building societies Fraud Education Environment Interest charges Lotteries Young people Repayments Big Lottery Fund Information Commissioner's Office Olympic Games 2012
Legislation
Dormant Bank and Building Society Accounts Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk