When I talk about costs, of course I include salaries. I am talking about the costs of the scheme’s administration. The noble Lord, with his usual acumen, may be right that the public will pay close regard to the salaries paid to the directors, but I emphasise that the concept of ““reasonable”” that we have here is consistent with the overall public interest in what the company does.
Dormant Bank and Building Society Accounts Bill [HL]
Proceeding contribution from
Lord Davies of Oldham
(Labour)
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 c86GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-16 02:28:19 +0000
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