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United Kingdom · Question · Written question

UIN 550

Dormant Assets Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 May 2021

Last action

18 May 2021 · Answer

Status

Answered

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Discovery layer

Source updated

18 May 2021

Summary

To ask the Secretary of State for Digital, Culture, Media and Sport, how his Department took the decision to define dormancy as it has under the Dormant Assets Scheme in light of the use by the finance industry of the broader definition of unclaimed asset

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Timeline

  1. 11 May 2021

    Written question

    To ask the Secretary of State for Digital, Culture, Media and Sport, how his Department took the decision to define dormancy as it has under the Dormant Assets Scheme in light of the use by the finance industry of the broader definition of unclaimed asset

    Source: Commons

  2. 18 May 2021

    Answer

    The Dormant Assets Bill, introduced to the House of Lords on 12th May, will enable the Dormant Assets Scheme to accept a wider range of dormant assets – expanding from bank and building society accounts to include certain assets in the insurance and pensi...

    Source: Written answer

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