The Chief Secretary will be aware that many of these dormant accounts are, in fact, owned by charities, having been left to them through legacy. However, there are very few mechanisms for identifying the accounts and reclaiming the money. Will she bring in some structure that will enable them to do so under the legislation?
Dormant Bank and Building Society Accounts Bill [Lords]
Proceeding contribution from
Baroness Kramer
(Liberal Democrat)
in the House of Commons on Monday, 6 October 2008.
It occurred during Debate on bills on Dormant Bank and Building Society Accounts Bill [Lords].
About this proceeding contribution
Reference
480 c40Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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