1st sitting · Tuesday, 11 January 2022 · 2 speeches

[Ms Nusrat Ghani in the Chair]

• Clause 1 - The dormant assets scheme: overview

  5 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 2 - Transfer of eligible insurance proceeds to reclaim fund

  5 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 5 - Transfer of eligible pension benefits to reclaim fund

  5 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 8 - Transfer of eligible amount owing by virtue of a collective scheme investment to reclaim fund

  4 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 12 - Transfer of eligible client money to reclaim fund

  2 speeches

  With this it will be convenient to consider clause 13 stand part.

• Clause 14 - Transfer of eligible proceeds or distribution to reclaim fund

  2 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 17 - Transfers: general

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Clause 18 - Interpretation of Part 1

  2 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 19 - Power to extend the dormant assets scheme to cover new dormant assets

  5 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 20 - Return of surplus alternative scheme assets

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 21 - Unwanted assets

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 22 - Third party rights and interests

  4 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 23 - Arrangements between reclaim fund and institutions

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Clause 24 - Effect of insolvency etc of institutions

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Clause 25 - Disclosure of information

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Clause 26 - Meaning of “authorised reclaim fund”

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 27 - Treasury loans

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Clause 28 - Exclusion of repayment claims from financial services compensation scheme

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 29 - Distribution of dormant assets money for meeting English expenditure

  19 speeches

  I beg to move amendment 5, in clause 29, page 22, line 11, a t end insert— “(1A) An order under subsection (1) must be consistent with criteria published...

• Clause 30 - Periodic review and report to Parliament

  3 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 31 - Regulations: general

  1 speech

  Question proposed, That the clause stand part of the Bill.

• Clause 32 - Repeals in the 2008 Act and other minor or consequential amendments

  2 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 33 - Index of defined terms

  2 speeches

  Question proposed, That the clause stand part of the Bill.

• Clause 34 - Extent, commencement, construction as one with 2008 Act and citation

  1 speech

  I beg to move amendment 2, in clause 34, page 26, line 3, leave out subsection (8). Clause 34 sets out various final provisions, such as the geographic extent of the Bill, when the provisions...

• New Clause 1 - Authorised reclaim funds: Duty to assess and report

  6 speeches

  “(1) The Secretary of State must make an annual assessment of the health and governance of authorised reclaim funds. The assessment must be reported to Parliament. (2) The first report...

• New Clause 2 - Authorised Reclaim funds: Apportionment of expenditure

  10 speeches

  “(1) An authorised reclaim fund may conduct a review of the proportion of dormant asset money that may be spent on particular causes. (2) Following a review under subsection (1), an...