icon-grid
Better Regulation logo
Table of Contents

Table of Contents

Expand all headings Collapse all headings Expand side bar Collapse side bar
Dormant Bank and Building Society Accounts Act 2008 (c. 31)Introductory TextPart 1 Transfer of balances in dormant accounts (ss. 1-15)The general scheme (s. 1)1. Transfer of balances to reclaim fundAlternative scheme for smaller institutions (ss. 2-3)2. Transfer of balances to charities, with proportion to reclaim fund2A. Return of surplus alternative scheme assets3. The assets-limit conditionShareholding members of building societies (s. 4)4. Effect of balance transfer on membership rightsReclaim funds (s. 5)5. Functions etc of a reclaim fundInterpretation etc. (ss. 6-10)6. Interpretation of Part 17. "Bank"8. "Balance"9. "Account"10. "Dormant"Supplemental (ss. 11-14)11. Customer's rights preserved on insolvency etc of bank or building society12. Disclosure of information13. Banks making transfers under section 2: information in directors' reports14. Review and report to ParliamentAmendments (s. 15)15. Amendments to the Financial Services and Markets Act 2000Part 2 Distribution of Dormant Assets Money (ss. 16-27)The distribution system: general (ss. 16-17)16. Distribution of dormant assets money by Big Lottery Fund17. Apportionment of dormant assets moneyDistribution for England, Wales, Scotland and Northern Ireland (ss. 18-21)18. Distribution of money for meeting English expenditure18A. Distribution of money for meeting English expenditure19. Distribution of money for meeting Welsh expenditure20. Distribution of money for meeting Scottish expenditure21. Distribution of money for meeting Northern Ireland expenditurePowers of Secretary of State or appropriate national authority (ss. 22-24)22. Directions to Big Lottery Fund23. Power to prohibit distribution in certain cases24. Power to add or remove distributorsSupplemental (ss. 25-26)25. Power of Big Lottery Fund to enter into arrangements26. ExpensesInterpretation (s. 27)27. Interpretation of Part 2Part 3 Final provisions (ss. 28-32)28. Orders29. Directions30. Extent31. Commencement32. Short titleSchedule 1 Provision to be made in articles of association of reclaim fundSchedule 2 Amendments to the Financial Services and Markets Act 2000Schedule 3 Further provision about the functions of the Big Lottery FundSchedule 3, Part 1 Strategic plans (paras. 1-4)Schedule 3, Part 2 Delegation etc. (paras. 5-8)Schedule 3, Part 3 Reports and accounts (paras. 9-11)Schedule 3, Part 4 Miscellaneous powers (paras. 12-15)
Document Overview
Tools
Set a date to view the document
Text comparison options
Full text - Date 1 vs Date 2
Amendments requiring commencement - Current text vs Text requiring commencement
Draft proposed changes - Current text vs Text proposed by drafting documents
Coming soon: Any documents - Any document vs Another document at any date
Print / Export options
Current page
Whole document
Selected pages
Consolidated PDF of the entire document as of 8th January 2025
Export
Export line by line
Export provision to provision
Report template
Create report template
Alert me to changes
Manage alerts
Bookmarks
This page
This document
Manage bookmarks
Search within this document
View previous searches
Share
Get page link
Share via email application
PreviousNext

The general scheme (s. 1)

1. Transfer of balances to reclaim fund
PreviousNext