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39

 

House of Commons

 
 

Wednesday 15th October 2008

 

Public Bill Committee

 

New Amendments handed in are marked thus Parliamentary Star

 

Parliamentary Star - whiteAmendments which will comply with the required notice period at their next appearance

 

Dormant Bank and Building Society Accounts Bill [Lords]


 

Note

 

The Amendments have been arranged in accordance with the Order of the

 

Committee [14th October].

 


 

Ian Pearson

 

17

 

Clause  11,  page  7,  line  13,  at end insert—

 

‘( )    

The Treasury may by order amend the figure in subsection (1)(a).

 

( )    

An order under this section is subject to annulment in pursuance of a resolution

 

of either House of Parliament.’.

 

Mr Mark Hoban

 

28

 

Clause  11,  page  7,  line  13,  at end insert—

 

‘(6)    

The Treasury may by order reduce the period of dormancy referred to in

 

subsection (1)(a).

 

(7)    

An order made under subsection (6) may not be made unless a draft of the

 

statutory instrument containing it has been laid before, and approved by a

 

resolution of, each House of Parliament.’.

 


 

Mr Martyn Jones

 

51

 

Parliamentary Star - white    

Clause  12,  page  7,  line  33,  at end insert ‘including the specific definitions of

 

dormancy used by banks and building societies’.


 
 

Public Bill Committee: 15th October 2008                

40

 

Dormant Bank and Building Society Accounts Bill-[ [], continued

 
 

Mr Jeremy Browne

 

48

 

Clause  12,  page  8,  line  2,  after first ‘of’, insert ‘or who are affected by’.

 

Mr Jeremy Browne

 

49

 

Clause  12,  page  8,  line  3,  at end insert ‘and the operation of the register of dormant

 

account funds.’.

 

Mr Jeremy Browne

 

7

 

Clause  12,  page  8,  line  5,  at end add—

 

‘(6)    

Where the report recommends the establishment and maintenance of a register of

 

dormant account funds, the Secretary of State may make such regulations as are

 

necessary for the establishment and maintenance of a register of dormant account

 

funds (“the register”).

 

(7)    

The regulations made under subsection (6) shall provide for—

 

(a)    

particulars relating to the dormant account to be entered into the register;

 

(b)    

arrangements to allow any registered charity to enquire of the Registrar

 

whether the register includes an account in the name of an individual

 

from whom the charity might expect to benefit; and

 

(c)    

other particulars as may be prescribed by the Secretary of State.

 

(8)    

Before making any regulations under subsection (6), the Secretary of State shall

 

consult—

 

(a)    

such persons as are likely to be affected by those regulations; and

 

(b)    

such persons appearing to him to be representatives of persons likely to

 

be so affected.

 

(9)    

Regulations under subsection (6)—

 

(a)    

may make different provision for different cases; and

 

(b)    

may contain such incidental, supplemental, consequential and

 

transitional provision as the Secretary of State thinks fit.

 

(10)    

The power to make regulations under subsection (6) is exercisable by statutory

 

instrument.

 

(11)    

No regulations may be made under subsection (6) unless a draft of the statutory

 

instrument containing the regulations has been laid before, and approved by a

 

resolution of, each House of Parliament.’.

 

Ian Pearson

 

18

 

Page  7,  line  15,  leave out Clause 12.

 


 

Mr Mark Hoban

 

29

 

Clause  17,  page  9,  line  17,  at end insert—

 

‘(4A)    

Any grant or loan made under subsection (1) must not—

 

(a)    

replace or substitute for government or local authority expenditure;

 

(b)    

subsidise or provide part of the costs for a service that is provided on a

 

contract basis for a statutory body;


 
 

Public Bill Committee: 15th October 2008                

41

 

Dormant Bank and Building Society Accounts Bill-[ [], continued

 
 

(c)    

replace statutory funding that has been withdrawn or is in danger of being

 

withdrawn; or

 

(d)    

duplicate services that a statutory body currently provides.’.

 


 

Mr Martyn Jones

 

52

 

Parliamentary Star - white    

Schedule  3,  page  25,  line  32,  at end insert—

 

‘(c)    

prepare in respect of each financial year a statement of regional

 

distribution.’.

 


 

Mr Mark Hoban

 

31

 

Clause  18,  page  9,  line  26,  leave out from ‘apportioned’ to end of line 33 and insert

 

‘on a per capita basis between England, Wales, Scotland and Northern Ireland’.

 

Mr Mark Hoban

 

30

 

Clause  18,  page  10,  line  5,  at end insert—

 

‘(3A)    

For the purposes of this section, B should not be more than 5 per cent. of A’.

 


 

Mr Jeremy Browne

 

5

 

Clause  19,  page  10,  line  28,  at end insert—

 

‘(1A)    

The Secretary of State may, by order, amend the distribution areas listed in

 

subsection (1).

 

(1B)    

An order made under subsection (1A) may not be made unless a draft has been

 

laid before, and approved by a resolution of, the House of Commons.’.

 

Mr Mark Hoban

 

32

 

Clause  19,  page  10,  line  34,  at end add—

 

‘(3)    

For the purposes of making a distribution under subsection (1), each of (1)(a),

 

(1)(b) and (1)(c) should rank equally.’.

 


 

Ian Pearson

 

19

 

Clause  23,  page  11,  line  31,  leave out subsection (2).


 
 

Public Bill Committee: 15th October 2008                

42

 

Dormant Bank and Building Society Accounts Bill-[ [], continued

 
 

Mr Mark Hoban

 

33

 

Clause  23,  page  11,  line  35,  after ‘State’, insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

34

 

Clause  23,  page  12,  line  15,  leave out ‘Secretary of State’s consent’ and insert

 

‘consent of Secretary of State in charge of Lottery matters’.

 

Mr Mark Hoban

 

35

 

Clause  23,  page  12,  line  18,  at end insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

36

 

Clause  23,  page  12,  line  19,  after ‘State’, insert ‘in charge of Lottery matters’.

 


 

Mr Mark Hoban

 

37

 

Clause  24,  page  12,  line  39,  after ‘State’, insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

38

 

Clause  24,  page  13,  line  1,  after ‘State’, insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

39

 

Clause  24,  page  13,  line  8,  after ‘State’, insert ‘in charge of Lottery matters’.

 


 

Mr Mark Hoban

 

40

 

Clause  25,  page  13,  line  11,  after ‘State’, insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

41

 

Clause  25,  page  13,  line  14,  after ‘State’, insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

42

 

Clause  25,  page  13,  line  29,  after ‘State’, insert ‘in charge of Lottery matters’.

 



 
 

Public Bill Committee: 15th October 2008                

43

 

Dormant Bank and Building Society Accounts Bill-[ [], continued

 
 

Mr Mark Hoban

 

43

 

Clause  27,  page  14,  line  10,  after ‘State’, insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

44

 

Clause  27,  page  14,  line  14,  after ‘State’, insert ‘in charge of Lottery matters’.

 

Mr Mark Hoban

 

45

 

Clause  27,  page  14,  line  17,  after ‘State’, insert ‘in charge of Lottery matters’.

 


 

Mr Jeremy Browne

 

6

 

Clause  32,  page  15,  line  31,  at end add—

 

‘(3)    

Any order made under this section shall come into force within six months of the

 

Act receiving Royal assent.’.

 


 

Ian Pearson

 

20

 

Clause  33,  page  16,  line  1,  leave out subsection (2).

 


 

NEW CLAUSES

 

Building societies making transfers under section 2: information in directors’ reports

 

Mr Mark Hoban

 

NC1

 

To move the following Clause:—

 

‘(1)    

Where—

 

(a)    

the directors of a building society are required by section 75 of the

 

Buildings Societies Act 1986 (c. 53) (Directors’ report) to prepare a

 

report for a particular year, and

 

(b)    

in that year the building society made transfers in relation to which

 

section 2 applied,

 

the report must identify each of the charities concerned and specify the amount

 

transferred to each of them.

 

(2)    

The requirements of subsection (1) are to be treated for the purposes of the

 

Building Societies Act 1986 as requirements of that Act.’.

 



 
 

Public Bill Committee: 15th October 2008                

44

 

Dormant Bank and Building Society Accounts Bill-[ [], continued

 
 

Creation of a mandatory scheme

 

Mr Martyn Jones

 

NC2

 

Parliamentary Star - white    

To move the following Clause:—

 

‘The Treasury may by order require all banks and building societies, as defined

 

by this Act, to transfer the balances of all dormant accounts to the reclaim fund.’.

 

 

Order of the House [6th OCTOBER 2008]

 

That the following provisions shall apply to the Dormant Bank and Building Society

 

Accounts Bill [Lords]:

 

Committal

 

1.    

The Bill shall be committed to a Public Bill Committee.

 

Proceedings in Public Bill Committee

 

2.    

Proceedings in the Public Bill Committee shall (so far as not previously

 

concluded) be brought to a conclusion on Tuesday 21st October 2008.

 

3.    

The Public Bill Committee shall have leave to sit twice on the first day on

 

which it meets.

 

Consideration and Third Reading

 

4.    

Proceedings on consideration shall (so far as not previously concluded) be

 

brought to a conclusion one hour before the moment of interruption on the

 

day on which those proceedings are commenced.

 

5.    

Proceedings on Third Reading shall (so far as not previously concluded) be

 

brought to a conclusion at the moment of interruption on that day.

 

6.    

Standing Order No. 83B (Programming committees) shall not apply to

 

proceedings on consideration and Third Reading.

 

Other proceedings

 

7.    

Any other proceedings on the Bill (including any proceedings on any

 

messages from the Lords) may be programmed.

 

 

Order of the Committee [14th OCTOBER 2008]

 

That—

 

(1)  

the Committee shall (in addition to its first meeting at 10.30 a.m. on Tuesday

 

14th October) meet—

 

(a)  

at 2.30 p.m. on Wednesday 15th October;

 

(b)  

at 9.00 a.m. and 1.00 p.m. on Thursday 16th October;

 

(2)  

the proceedings shall be taken in the following order: Clauses 1 to 5;

 

Schedule 1; Clauses 6 to 16; Schedule 2; Clause 17; Schedule 3; Clauses 18

 

to 33; new Clauses; new Schedules; remaining proceedings on the Bill;

 

(3)  

the proceedings shall (so far as not previously concluded) be brought to a

 

conclusion at 4.30 p.m. on Thursday 16th October.

 


 
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