This bill expands which types of lost money can be collected and given to charities and social projects. It also lets the government decide what causes to fund in England instead of fixing them in law.
A Bill to make provision for and in connection with an expanded dormant assets scheme; to confer power to further expand the scope of that scheme; to amend the Dormant Bank and Building Society Accounts Act 2008; to enable an authorised reclaim fund to accept transfers of certain unwanted assets; and for connected purposes
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: Baroness Barran, Nigel Huddleston
Introduced: 2021-05-12
Royal Assent: 2022-02-24