Clause 18
Dormant Bank and Building Society Accounts Bill [Lords]
4:15 pm

Photo of Ian Pearson

Ian Pearson (Parliamentary Under-Secretary, Department for Business, Enterprise & Regulatory Reform; Dudley South, Labour)

I will not indulge in speculation, but we have had a consultation exercise on that and are devolving expenditure. It is right to use the Barnett principles, and it is a convention that we do not put them into Bills. That is the basis on which we will operate in the future.

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