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registered interest false more like this
date less than 2023-11-07more like thismore than 2023-11-07
answering body
Treasury remove filter
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Reclaim Fund more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask His Majesty's Government how much money has been paid out to claimants by The Reclaim Fund in each of the past five years, following enactment of the Dormant Bank and Building Society Accounts Act 2008. more like this
tabling member printed
Lord Young of Cookham more like this
uin HL81 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-11-21more like thismore than 2023-11-21
answer text <p>Reclaim Fund Ltd (RFL) has distributed the following amounts in each of the past five years to dormant account owners:</p><p> </p><table><tbody><tr><td><p><strong>Year</strong></p></td><td><p><strong>2017</strong></p></td><td><p><strong>2018</strong></p></td><td><p><strong>2019</strong></p></td><td><p><strong>2020</strong></p></td><td><p><strong>2021/22</strong></p></td><td><p><strong>2022/23</strong></p></td></tr><tr><td><p>Reclaims (£m)</p></td><td><p>15.7</p></td><td><p>13.9</p></td><td><p>12.9</p></td><td><p>12.9</p></td><td><p>15.4</p></td><td><p>15.3</p></td></tr></tbody></table><p>In line with its statutory obligation, RFL continues to meet customer reclaims in perpetuity. Reclaim rates have remained broadly consistent since the inception of the Dormant Assets Scheme in 2011.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2023-11-21T17:01:32.177Zmore like thismore than 2023-11-21T17:01:32.177Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
57
label Biography information for Lord Young of Cookham more like this