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9

 

House of Commons

 
 

Thursday 16th October 2008

 

Public Bill Committee Proceedings

 

Dormant Bank and Building Society Accounts Bill [Lords]


 

[Third Sitting]


 

Ian Pearson

 

Agreed to  19

 

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

 

Mr Mark Hoban

 

Withdrawn  33

 

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

 

Mr Mark Hoban

 

Not called  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

 

Not called  35

 

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

 

Mr Mark Hoban

 

Not called  36

 

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

 

Clause, as amended, Agreed to.

 


 

Mr Mark Hoban

 

Not called  37

 

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

 

Mr Mark Hoban

 

Not called  38

 

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


 
 

Public Bill Committee Proceedings: 16th October 2008      

10

 

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

 
 

Mr Mark Hoban

 

Not called  39

 

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

 

Clause Agreed to.

 


 

Mr Mark Hoban

 

Not called  40

 

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

 

Mr Mark Hoban

 

Not called  41

 

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

 

Mr Mark Hoban

 

Not called  42

 

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

 

Clause Agreed to.

 

Clause 26 Agreed to.

 


 

Mr Mark Hoban

 

Not called  43

 

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

 

Mr Mark Hoban

 

Not called  44

 

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

 

Mr Mark Hoban

 

Not called  45

 

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

 

Clause Agreed to.

 

Clauses 28 to 31 Agreed to.

 


 

Mr Jeremy Browne

 

Not selected  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.’.


 
 

Public Bill Committee Proceedings: 16th October 2008      

11

 

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

 
 

Clause Agreed to.

 


 

Ian Pearson

 

Agreed to  20

 

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

 

Clause, as amended, Agreed to.

 


 

NEW CLAUSES

 

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

 

Mr Mark Hoban

 

Not called  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

 

Withdrawn  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.’.

 



 
 

Public Bill Committee Proceedings: 16th October 2008      

12

 

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

 
 

Ian Pearson

 

                                                         Not moved

 

That certain written evidence already reported to the House be appended to the

 

proceedings of the Committee.

 

Bill, as amended, to be reported.

 


 
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