UK Parliament / Open data

Dormant Bank and Building Society Accounts Bill [HL]

If the noble Baroness would be so kind, I would like to reassure her—because she will have taken very seriously the representation of her noble friend Lord Naseby—that accountability is very important with regard to these funds and this scheme. We will have a series of opportunities to identify how the Government should be made accountable in the scheme. I also want to make another point absolutely clear. Later, we shall come to the amendments which will give us a chance to clarify these matters further. However, as distributor, the Big Lottery Fund will ring-fence these funds and keep them separate from all its other operations. Therefore, there is no question of a flow-across to the Olympics or any other worthwhile project that may exist.
Type
Proceeding contribution
Reference
697 c8GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
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