Dormant Assets Act 2022 (c. 5)

PART 3 U.K. Final provisions

32 Repeals in the 2008 Act and other minor or consequential amendments U.K.

(1) The following provisions of the 2008 Act are repealed—

• section 11 (customer’s rights preserved on insolvency etc of bank or building society);

• section 12 (disclosure of information);

• section 14 (review and report to Parliament).

(2) The repeal of section 11 does not affect its continued operation in relation to a right to payment acquired by virtue of section 1(2)(b) or 2(2)(b) of the 2008 Act before the repeal comes into force.

(3) Schedule 1 contains minor and consequential amendments.

Commencement Information

I1 S. 32 not in force at Royal Assent, see s. 34(3)

I2 S. 32 in force at 6.6.2022 by S.I. 2022/582, reg. 2