Proceeding contribution from James Duddridge (Conservative) 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]

How confident is the Minister in the figures provided by the British Bankers Association and the Building Societies Association, particularly given that The Times was reporting up to the end of 2006 that the amounts involved in dormant accounts could be up to £20 billion? Are the figures given by the Minister for a 15-year dormancy or is there an aged analysis of dormant accounts from a more recent period—perhaps with a three-year dormancy? These will effectively be brought in over time.

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

Dormant Bank and Building Society Accounts Bill [Lords]

Secondary information

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