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?
Dormant Bank and Building Society Accounts Bill [Lords]
Proceeding contribution from
Tom Levitt
(Labour)
in the House of Commons on Monday, 3 November 2008.
It occurred during Debate on bills on Dormant Bank and Building Society Accounts Bill [Lords].
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482 c78 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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2023-12-16 01:24:08 +0000
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