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The Distribution of Dormant Account Money (Apportionment) Order 2011
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This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Distribution of Dormant Account Money (Apportionment) Order 2011 No. 1799
Apportionment
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2. The following percentages are prescribed for the purposes of section 17(1) of the Dormant Bank and Building Society Accounts Act 2008 (apportionment of dormant account money)—
(a)83.9 per cent for meeting expenditure in relation to England,
(b)4.9 per cent for meeting expenditure in relation to Wales,
(c)8.4 per cent for meeting expenditure in relation to Scotland,
(d)2.8 per cent for meeting expenditure in relation to Northern Ireland.
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