Proceeding contribution from Tom Levitt (Labour) in the House of Commons on Monday, 6 October 2008. It occurred during Debate on bill on Dormant Bank and Building Society Accounts Bill [Lords].
Dormant Bank and Building Society Accounts Bill [Lords]
My right hon. Friend has three times mentioned that the scheme will be voluntary. Is she aware that the National Council for Voluntary Organisations, the Treasury Select Committee and others have been very sceptical about the effectiveness of a voluntary scheme, given that the five or six such schemes already operating around the world are all done on a mandatory basis and they clearly produce a far higher return for good causes than would any voluntary scheme?
Secondary information
- Type
- Proceeding contribution
- Reference
- 480 c41
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Charities Assets Bank services Banks Building societies Finance Liability Investment Insolvency Young people Wills Big Lottery Fund Balance Charitable Foundation for Unclaimed Assets National Savings and Investments
- 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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- 2023-12-16 00:23:01 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_497167
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