Official Unclaimed Assets Scheme
27th March 2007, 10:01 am
Government proposals to introduce an unclaimed assets scheme in the UK, in order to allow money in dormant bank and building society accounts to be reinvested in society, were published last Tuesday (20th March). This does not include the distribution mechanism, which will be covered by a further consultation later in the spring.
Press release at http://www.hm-treasury.gov.uk/newsroom_and_speeches/press/2007/press_33_07.cfm, consultation document in pdf, 513kb, at http://www.hm-treasury.gov.uk/media/658/50/consult_unclaimedasset200307.pdf. Deadline for responses is 12th June.