Public Bill Committee: 14th October 2008

36

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

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’.

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).

Public Bill Committee: 14th October 2008

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

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.’.

Creation of a mandatory scheme

Mr Martyn Jones

NC2

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.

Public Bill Committee: 14th October 2008

38

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

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.

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Revised 14 October 2008