Department for Digital, Culture, Media and Sport written question – answered at on 27 March 2020.
To ask the Secretary of State for Digital, Culture, Media and Sport, whether the Government plans to review the use of dormant betting accounts.
The dormant assets scheme enables money from dormant bank and building society accounts to be used for good causes. The government has recently launched a consultation on expanding the scheme to include a wider range of assets in the insurance and pensions, investment and wealth management, and securities sectors. Dormant betting accounts are not currently being considered as part of the expansion. The consultation invites comment on the government's proposals, including the range of assets proposed for inclusion. The consultation closes on 16 April and can be found at: https://www.gov.uk/government/consultations/consultation-on-expanding-the-dormant-assets-scheme
Yes1 person thinks so
No0 people think not
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