United Kingdom · Question · Written question
UIN 52102
Charities: Finance
Original
Introduced
1 June 2020
Last action
8 June 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
8 June 2020
Summary
To ask the Secretary of State for Digital, Culture, Media and Sport, with reference to his announcement on 20 May 2020 that £150m released from dormant bank accounts would benefit charitable causes,: whether funds from those bank accounts registered in S
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Timeline
1 June 2020
Written question
To ask the Secretary of State for Digital, Culture, Media and Sport, with reference to his announcement on 20 May 2020 that £150m released from dormant bank accounts would benefit charitable causes,: whether funds from those bank accounts registered in S
Source: Commons
8 June 2020
Answer
The dormant assets scheme enables banks and building societies to voluntarily transfer dormant accounts into the scheme from across the UK, and for customers to reclaim their money at any point. Surplus funds unlocked through the scheme are apportioned am...
Source: Written answer
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- · Department for Digital, Culture, Media and Sport · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-06-01/52102
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1198596
- uk · wq-1198596 · source updated 8 June 2020