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Proceeding contribution from Lord Davies of Oldham (Labour) in the House of Lords on Wednesday, 19 November 2008. It occurred during Debate on bill on Dormant Bank and Building Society Accounts Bill [HL].


Dormant Bank and Building Society Accounts Bill [HL]

My Lords, I beg to move that the Commons amendments be now considered. Moved accordingly, and, on Question, Motion agreed to. [The page and line references are to Bill 80 as first printed for the Commons.] 1: Page 1, line 15, at end insert- ““( ) The reference in subsection (1) to an account that a person holds is to be read as including an account held by a deceased individual immediately before his or her death. In such a case, a reference in subsection (2) to the customer is to be read as a reference to the person to whom the right to payment of the balance has passed.””


Secondary information

Type
Proceeding contribution
Reference
705 c1162 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Death Assets Bank services Banks Building societies Finance Insurance companies Financial institutions Mergers Small businesses Youth services Big Lottery Fund
Legislation
Dormant Bank and Building Society Accounts Bill (HL) 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk