I wonder whether it would be appropriate—I just happen to have a copy of the Labour manifesto with me—to read this wonderful sentence: "““We will work with the financial services industry to establish a common definition and a comprehensive record of unclaimed assets””."
It says ““assets”” there, by the way, not just ““bank accounts””. That phrase ““common definition”” is very important because of the need for a level playing field. That is my concern, and I will come back to it on another occasion; I have a related amendment, though whether we will get to it tonight is another matter. But it is interesting to see what the Government’s own manifesto had to say.
Dormant Bank and Building Society Accounts Bill [HL]
Proceeding contribution from
Lord Shutt of Greetland
(Liberal Democrat)
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 c112GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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2023-12-16 02:32:25 +0000
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