UK Parliament / Open data

Dormant Bank and Building Society Accounts Bill [HL]

I thank both noble Lords. I agree with everything that has been said and, in particular, the bureaucracy aspect that my noble friend Lord Naseby pointed out. It is nonsense to pass money through several organisations and to pick up several layers of bureaucracy en route. I shall return in a later amendment to the subject of several layers of bureaucracy. The Minister urged us not to confuse the Big Lottery Fund, as a distributor, with the lottery. For the record, we insist that there is a major connection; the reason why the dormant account money is being put through the Big Lottery Fund is to conceal the fact that large amounts of money that would otherwise be available for good causes through the lottery distributors has been stolen for the Olympics. By funnelling this money through the fund, the Government will be able to give the appearance of large sums of money going through the lottery distributors when in fact it is coming from the dormant accounts. We will not forget that throughout the whole of our consideration of the Bill and when we consider the Big Lottery Fund itself. As the Minister anticipated, we will want to return to this on Report because it is a point of principle that we need to address before we let the Bill go through. For now, I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. [Amendments Nos. 10 and 11 not moved.]
Type
Proceeding contribution
Reference
697 c36-7GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
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