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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                

37

 

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

 

Parliamentary Star    

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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