UK Parliament / Open data

Dormant Bank and Building Society Accounts Bill [HL]

Of course they do when money is successfully identified as being owed to the borrowers, but the intention behind the scheme is that the totality of the resources in the reclaim fund from accounts that are regarded as dormant is transferred to other objectives. At present, those resources are used for public expenditure.
Type
Proceeding contribution
Reference
697 c105GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
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