No, but the Minister did suggest that the banks would be out there exercising discretion to make this work properly. It is not evident from the experience of this side of the Committee that that would be the case and that the rules in Clause 10 would militate against that. We may well return to this theme, but for the time being I beg leave to withdraw the amendment.
Amendment, by leave, withdrawn.
Dormant Bank and Building Society Accounts Bill [HL]
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Thursday, 10 January 2008.
It occurred during Debate on bills
and
Committee proceeding on Dormant Bank and Building Society Accounts Bill [HL].
Type
Proceeding contribution
Reference
697 c340GC
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-16 02:31:23 +0000
URI
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