- Draft legislation
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
Draft Order laid before Parliament under section 17(6) of the Dormant Bank and Building Society Accounts Act 2008, for approval by resolution of each House of Parliament.
Draft Statutory Instruments
Banks And Banking
Building Societies
Made
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Coming into force in accordance with article 1
This Order is made in exercise of powers conferred by section 17(1) and (4) of the Dormant Bank and Building Society Accounts Act 2008 (“the Act”)(1).
The Minister for the Cabinet Office has consulted in accordance with section 17(5) of the Act.
In accordance with section 17(6) of the Act, a draft of this instrument was laid before Parliament and approved by a resolution of each House of Parliament.
Accordingly, the Minister for the Cabinet Office makes the following Order:
2008 c.31. The functions of the Secretary of State under section 17 were transferred to the Minister for the Cabinet Office by S.1. 2010/2967.
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