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1226996
registered interest false more like this
date remove filter
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 Dormant Assets Scheme more like this
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Digital, Culture, Media and Sport, what estimate he has made of the value of the dormant assets that are planned to be transferred to the Dormant Assets Distribution Fund from dormant bank accounts in (a) financial year 2020-21 and (b) the next four financial years. more like this
tabling member constituency Bradford South more like this
tabling member printed
Judith Cummins more like this
uin 77673 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-03more like thismore than 2020-09-03
answer text <p>The dormant assets scheme is managed by Reclaim Fund Ltd (RFL), who estimate that £68m of new assets will be received by them in 2020, followed by £83m in 2021 and £54m in 2022. Estimates are not made beyond this point, but RFL anticipates that ongoing levels will remain broadly similar in 2023. It should be noted that the dormant asset scheme is voluntary and so estimates can vary over time.</p><p> </p> more like this
answering member constituency Maldon more like this
answering member printed Mr John Whittingdale more like this
question first answered
less than 2020-09-03T15:57:33.287Zmore like thismore than 2020-09-03T15:57:33.287Z
answering member
39
label Biography information for Sir John Whittingdale more like this
tabling member
4391
label Biography information for Judith Cummins more like this