Dormant Bank and Building Society Accounts Act 2008
Dormant Bank and Building Society Accounts Act 2008 (2008 c. 31)
- Dormant Bank and Building Society Accounts Act 2008 (2008 c. 31)
- Part 1 Transfer of balances in dormant accounts
- The general scheme
- 1 Transfer of balances to reclaim fund
- Alternative scheme for smaller institutions
- 2 Transfer of balances to charities, with proportion to reclaim fund
- 2A Return of surplus alternative scheme assets
- 3 The assets-limit condition
- Shareholding members of building societies
- 4 Effect of balance transfer on membership rights
- Reclaim funds
- 5 Functions etc of a reclaim fund
- Interpretation etc
- 6 Interpretation of Part 1
- 7 “Bank”
- 8 “Balance”
- 9 “Account”
- 10 “Dormant”
- Supplemental
- 11 Customer's rights preserved on insolvency etc of bank or building society
- 12 Disclosure of information
- 13 Banks making transfers under section 2: information in directors' reports
- 14 Review and report to Parliament
- Amendments
- 15 Amendments to the Financial Services and Markets Act 2000
- Part 2 DISTRIBUTION OF DORMANT ASSETS MONEY
- The distribution system: general
- 16 Distribution of dormant assets money by Big Lottery Fund
- 17 Apportionment of dormant assets money
- Distribution for England, Wales, Scotland and Northern Ireland
- 18 Distribution of money for meeting English expenditure
- 18A Distribution of money for meeting English expenditure
- 19 Distribution of money for meeting Welsh expenditure
- 20 Distribution of money for meeting Scottish expenditure
- 21 Distribution of money for meeting Northern Ireland expenditure
- Powers of Secretary of State or appropriate national authority
- 22 Directions to Big Lottery Fund
- 23 Power to prohibit distribution in certain cases
- 24 Power to add or remove distributors
- Supplemental
- 25 Power of Big Lottery Fund to enter into arrangements
- 26 Expenses
- Interpretation
- 27 Interpretation of Part 2
- Part 3 Final provisions
- 28 Orders
- 29 Directions
- 30 Extent
- 31 Commencement
- 32 Short title
- SCHEDULES
- SCHEDULE 1 Provision to be made in articles of association of reclaim fund
- Assistance to government departments in connection with dormant or unwanted assets
- Expenses
- No distribution to members
- Publication of information
- SCHEDULE 2 Amendments to the Financial Services and Markets Act 2000
- Amendments to Part 2
- Amendments to Part 7
- Amendments to Part 24
- SCHEDULE 3 Further provision about the functions of the Big Lottery Fund
- Part 1 Strategic plans
- Strategic plans for England
- Strategic plans for Wales
- Strategic plans for Scotland
- Strategic plans for Northern Ireland
- Part 2 Delegation etc
- Delegation to other bodies or persons, or to committees
- Interpretation of paragraph 5
- Provision supplementing paragraph 5
- New functions for existing devolved expenditure committees
- Part 3 Reports and accounts
- Annual reports
- Accounts
- Part 4 Miscellaneous powers
- Power to solicit applications
- Power to consult
- Power to publish information etc
- Power to give advice
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