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Progress on funds from dormant bank accounts
The Dormant Bank and Building Society Accounts Bill is now making its way through the House of Commons (second reading 6th October, and in committee, 14th to 16th October). The legislation would provide the legal and administrative framework for distributing assets from dormant cash accounts.
See NCVO's comments on issues still to be addressed at http://www.ncvo-vol.org.uk/policy/index.asp?id=2896#dormant_bank_2nd_reading, or the official progress page.
