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Proceeding contribution from Lord Newby (Liberal Democrat) in the House of Lords on Tuesday, 15 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]

The noble Lord, Lord Howard, has raised an interesting point. There is an additional reason in that the objects of expenditure set out in relation to England at least cover the interests of three different Cabinet Ministers, which is why we have three different objects in the Bill. We start off with youth clubs and youth affairs, which we know is a cause very dear to the heart of the Secretary of State for Children, Schools and Families. We move on to financial provision, which we know is a cause very dear to the heart of the Chancellor of the Exchequer and his predecessor. We then move on to the social investment wholesaler, which we know is a cause very dear to the heart of the Secretary of State at the Cabinet Office. We therefore have three strands of expenditure being advocated by three different Cabinet Ministers. Therefore, which Secretary of State is in charge of the whole process matters in terms not just of the issues mentioned by the noble Lord, Lord Howard of Rising, but also of the priorities for expenditure under the scheme. I will therefore be doubly interested in the Minister’s response.


Secondary information

Type
Proceeding contribution
Reference
697 c480GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
Devolved matters Disadvantaged Charities Community development Assets Bank services Banks Building societies Health Education Environment Investment Distribution Northern Ireland Lotteries Scotland Young people Wales Youth services Big Lottery Fund Operating costs
Legislation
Dormant Bank and Building Society Accounts Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk