Explanatory Notes

Dormant Bank and Building Society Accounts Act 2008

2008 CHAPTER 31

26th November 2008

Commentary on Sections and Schedules

Part 2: Distribution of money under the general scheme

Section 23: Power to prohibit distribution in certain cases

82.This section enables the Secretary of State, by order, to prohibit the Big Lottery Fund from distributing dormant account money to any person in certain circumstances. This power is designed to allow the Secretary of State to intervene in cases where there may be a perceived conflict of interest in the relationship between the Big Lottery Fund and a particular body.

83.Subsection (2) requires the Secretary of State to consult the devolved administrations before issuing an order that the Secretary of State considers could impact on expenditure or affect persons within Scotland, Wales and Northern Ireland.

84.Subsection (4) gives the Secretary of State the power to require the Fund to provide any information which the Secretary of State needs to assist in the exercise of the power of prohibition.