Clause 5
Dormant Bank and Building Society Accounts Bill [Lords]
11:30 am

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Photo of Charles Walker

Charles Walker (Broxbourne, Conservative)

I imagine that the reclaim fund will be carrying a balance. What will be the rules for investing that balance? Will it have to keep it in cash or will it be allowed to make investments? If it is allowed to make investments, will it invest, for example, in Government bonds and public bonds, or in Icelandic banks?

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