October 15th, 2008
Banks ’should be forced to share dormant assets’
The Government should make its dormant accounts scheme compulsory if banks and building societies do not cooperate with it, according to the NCVO. The Dormant Bank and Building Society Accounts Bill received its second reading in the House of Commons last week. The scheme will distribute assets that remain unclaimed for more than 15 years to youth and financial inclusion projects through the Big Lottery Fund.
15 October 2008
© Third Sector