I am also rather puzzled by this. In moving the amendment, my noble friend said that it was unusual for a private sector body to be given directions by the Treasury. I have some difficulty in thinking of any example at all. Perhaps the Minister can provide a list of those, so we know whether we are going into completely uncharted waters. I am also puzzled by subsection (4), which states that the Treasury may give a direction to comply with the obligations or prohibitions imposed by its articles of association. That seems a very unusual provision.
Dormant Bank and Building Society Accounts Bill [HL]
Proceeding contribution from
Lord Higgins
(Conservative)
in the House of Lords on Tuesday, 11 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 c54GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-16 02:25:56 +0000
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