Perhaps we can explore that a little further. If the noble Lord, Lord Shutt, finds a pass book in his attic which is worth £10,000 and the building society transfers £25 million, if he then comes along and says, ““Hello, I have just found this and I want my £10,000””, would the reclaim fund repay that money when it did not know that it had £10,000 belonging to the noble Lord, Lord Shutt?
Dormant Bank and Building Society Accounts Bill [HL]
Proceeding contribution from
Lord Hamilton of Epsom
(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 c68GC
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-16 02:37:27 +0000
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