Proceeding contribution from Baroness Finlay of Llandaff (Crossbench) in the House of Lords on Tuesday, 26 February 2008. It occurred during Debate on bill on Dormant Bank and Building Society Accounts Bill [HL].
Dormant Bank and Building Society Accounts Bill [HL]
My Lords, I appreciate the response from the Minister, and the comments of all those who have spoken in support of the amendment. I remind the House that I am calling for a reserve power only, not creating a statutory arrangement in the Bill. I am simply calling for a reserve power in the event that the established voluntary arrangement, which currently looks as if it is doing a good job, fails to work well in the interests of the individual whose hard-earned money was left in their will to a charity, however small, and its beneficiaries: directly, the charity and, indirectly, all those who that person in writing their will wanted to benefit. On confidentiality, we already have a system, which was set up as voluntary, for the reunification process. That has broken the complete code of secrecy around bank accounts anyway, because when a match is now made, there is confirmation of that. Therefore, despite the Minister’s reservations and in the light of the support around the House, I feel that I must test the opinion of the House. On Question, Whether the said amendment (No. 1) shall be agreed to? Their Lordships divided: Contents, 107; Not-Contents, 130. [Amendments Nos. 2 to 4 not moved.] An amendment (privilege) made. Bill passed, and sent to the Commons.
Secondary information
- Type
- Proceeding contribution
- Reference
- 699 c568-9
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Data protection Charities Bank services Banks Building societies
- Legislation
- Dormant Bank and Building Society Accounts Bill (HL) 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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