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
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- 2023-12-16 01:24:08 +0000
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