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1038917
registered interest false more like this
date less than 2019-01-10more like thismore than 2019-01-10
answering body
Department for Digital, Culture, Media and Sport more like this
answering dept id 10 more like this
answering dept short name Digital, Culture, Media and Sport more like this
answering dept sort name Digital, Culture, Media and Sport more like this
hansard heading Bank Services more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government what is their role in monitoring the effectiveness of systems and processes relating to spending money from dormant bank accounts belonging to members of the public. more like this
tabling member printed
Lord Mawson more like this
uin HL12754 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-01-22more like thismore than 2019-01-22
answer text <p>The Big Lottery Fund is named in the Act as the distributor of dormant account money for meeting expenditure that has a social or environmental purpose in England, Scotland, Wales and Northern Ireland. Each devolved administration makes decisions on how these funds are used.</p><p> </p><p>In England, all monies so far made available from dormant bank accounts have been allocated to Big Society Capital, the world’s first social investment wholesaler. The Government established Big Society Trust to provide oversight of Big Society Capital and to ensure that this funding is spent effectively. In the devolved administrations, Big Lottery Fund plays this monitoring role.</p> more like this
answering member printed Lord Ashton of Hyde more like this
grouped question UIN HL12753 more like this
question first answered
less than 2019-01-22T16:59:57.297Zmore like thismore than 2019-01-22T16:59:57.297Z
answering member
4247
label Biography information for Lord Ashton of Hyde more like this
tabling member
3830
label Biography information for Lord Mawson more like this