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Dormant Bank and Building Society Accounts Bill (HL) 2007-08

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Dormant Bank and Building Society Accounts Bill (HL) 2007-08 (243)

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My Lords, I am grateful for the graciousness that both noble Lords have displayed. I am more grateful to the noble Baroness, Lady Noakes, because she did not produce quite the quibble that the noble Lord, Lord Newby, had. The noble Lord said how extraordinary it was for a non-public...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1176
House
House of Lords

My Lords, I am grateful to both noble Lords. As this is probably the last time, with any good fortune, that I shall be speaking more generally on these matters, I pay tribute to the assiduous work from both Front Benches, even including on this occasion—if the Conservative Party will...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1181-2
House
House of Lords

My Lords, before dealing with the amendment, I mention that little tremor that always affects any of us at the Dispatch Box when we have an amendment and no note at all of what it is about. That moment of panic just descended. However, I find that this is the...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1182
House
House of Lords

My Lords, I beg to move that the House do agree with the Commons in their Amendments Nos. 15 to 19. Moved accordingly, and, on Question, Motion agreed to.

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1182
House
House of Lords

My Lords, I beg to move that the House do agree with the Commons in their Amendment No. 1. I shall also speak to the other amendments in this group. I begin by setting out what it means for an account to be dormant and exactly what the definition must...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1163-5
House
House of Lords

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...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1162
House
House of Lords

My Lords, like the noble Baroness, we are grateful to the Minister for his explanation and for reintroducing the key part of Clause 6 in Amendment No. 7B. I am tempted to at least begin to reopen the arguments about what kind of body this is. I was not convinced...

Member
Lord Newby (Liberal Democrat)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1176
House
House of Lords

My Lords, I thank the Minister for introducing Amendments Nos. 7, 7A and 7B. I shall not go over the interesting discussions that we had before on whether this is a private body, a public body or a hybrid. The plain fact is that this is the only example that...

Member
Baroness Noakes (Conservative)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1176
House
House of Lords

My Lords, I beg to move that the House do agree with the Commons in their Amendment No. 3. Moved accordingly, and, on Question, Motion agreed to. 4: Page 2, line 27, after ““bank”” insert ““or building society”” "5: Page 2, line 43, after ““bank”” insert ““or building society””""6: Page...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1174
House
House of Lords

My Lords, without a wide-ranging debate, I shall respond to the Minister on only two points. First, we talked about small and large. When we met 10 months ago, the Derbyshire Building Society was small, regardless of the changes of the potential takeover. Today, it is large, according to these...

Member
Lord Shutt of Greetland (Liberal Democrat)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1171-2
House
House of Lords

My Lords, I beg to move that the House do agree with the Commons in their Amendment No. 7 and do propose Amendment No. 7B in lieu of the words so left out of the Bill. I shall speak also to the other amendments in this group. I hope that...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1174-5
House
House of Lords

My Lords, I beg to move that the House do agree with the Commons in their Amendments Nos. 4 to 6. Moved, That the House do agree with the Commons in their Amendments Nos. 4 to 6.—(Lord Davies of Oldham.) [Amendments Nos. 4A to 6A not moved.] On Question, Motion...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1174
House
House of Lords

My Lords, we on these Benches are content with the package of changes that the Minister has put before us. We might regret that some of our pride of authorship has disappeared as regards some of these amendments, but the overall package is acceptable. On Question, Motion agreed to. 2:...

Member
Baroness Noakes (Conservative)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1165
House
House of Lords

My Lords, I listened carefully to the noble Lord, Lord Shutt, presenting what I can only call well rehearsed arguments. We last heard them in February, not as far back as January, but I freely confess that that is a long way back. I remember the force with which he...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1170-1
House
House of Lords

My Lords, I beg to move that the House do agree with the Commons in their Amendment No. 2. I wish to speak also to Amendment No. 2A and to the other amendments in the group. I remind noble Lords of the objective of this Bill. I am not unmindful...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1166-70
House
House of Lords

My Lords, I share the regrets expressed that the new clause is in a number of respects weaker than that which it replaces. I shall not reiterate what has already been said by other noble Lords. The real concern for many of us here has been moral. So much of...

Member
Bishop of Exeter (Bishops (affiliation))
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1179
House
House of Lords

My Lords, I am grateful to the Minister for explaining the scheme. He explained what was in it, but he did not explain what it left out. As the noble Baroness, Lady Noakes, said, it leaves out scope for being broadened to consider other categories of asset. As we discussed...

Member
Lord Newby (Liberal Democrat)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1179
House
House of Lords

My Lords, I am grateful to the Minister for his assurance about the publication of directions on the Big website. As he reminded the House, my concern was that the original thought was that directions would be reported only in an annual report, which might mean in reality that you...

Member
Lord Newby (Liberal Democrat)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1181
House
House of Lords

My Lords, I have another minor expression of regret that these subsections are being removed, but I recognise that the devolution card trumps all others in your Lordships' House. Therefore, it would be wise not to row against that. I record our gratitude for the Minister’s undertaking to place the...

Member
Baroness Noakes (Conservative)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1181
House
House of Lords

My Lords, we shall not object to Amendments Nos. 11 and 12, but I regret the Government’s removal of the more extensive review and report to Parliament that was contained in the Bill when it left your Lordships' House and its replacement by the new clause in Amendment No. 12....

Member
Baroness Noakes (Conservative)
Type
Proceeding contributions
Date
19 November 2008
Reference
705 c1178
House
House of Lords