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<p>The independent Commission on Dormant Assets’ final meeting was held on 1st December
2016. The Commission published its report on 3 March 2017 and is not scheduled to
meet again.</p><p> </p><p>The Commission met a wide range of stakeholders, convened
industry working groups and ran a call for evidence sent to around 200 organisations.</p><p>The
Commission worked to Government-agreed Terms of Reference, to provide expert, independent
and impartial advice and evidence on:</p><ul><li>which dormant assets can be brought
into an expanded dormant asset scheme, and how they can be identified by industry;</li><li>the
projected size of the funding pot this could produce for good causes;</li><li>whether,
with the potential increase of dormant assets being released by industry, the current
system is able to manage the burden; and</li><li>whether any new legislation should
include a requirement for improved transparency from industry on disclosing the level
of assets within their sector</li></ul><p> </p>
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