I am extremely grateful to the Minister for answering that point, although why on this amendment I am not entirely clear. However, what he is saying—if I understood him correctly—is that the revenue obtained by the Inland Revenue as a result of these disbursements will go up. If the account had simply remained dormant the Revenue would not have collected anything.
Dormant Bank and Building Society Accounts Bill [HL]
Proceeding contribution from
Lord Higgins
(Conservative)
in the House of Lords on Monday, 10 December 2007.
It occurred during Debate on bills
and
Committee proceeding on Dormant Bank and Building Society Accounts Bill [HL].
Type
Proceeding contribution
Reference
697 c46GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-16 02:27:12 +0000
URI
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