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Proceeding contribution from Tom Levitt (Labour) in the House of Commons on Monday, 3 November 2008. It occurred during Debate on bill on Dormant Bank and Building Society Accounts Bill [Lords].


Dormant Bank and Building Society Accounts Bill [Lords]

I am happy with the model that my hon. Friend has just described, but it seems to suggest that a lot of money will be going into the fund but will not be distributed straight away and, given the quantities that we are talking about, there might be a period in which a significant amount of interest would be earned. Would that interest be added to the fund and be available for distribution?


Secondary information

Type
Proceeding contribution
Reference
482 c78 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Devolved matters Charities Assets Bank services Banks Building societies Finance Insolvency Financial Services Authority Personal savings Northern Ireland Scotland Registration Voluntary organisations Young people Regulation Wales Youth services Big Lottery Fund
Legislation
Dormant Bank and Building Society Accounts Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk