Guidance

Dormant Assets Bill: Factsheets

These factsheets provide more information about the Dormant Assets Bill.

• From: Department for Culture, Media and Sport, HM Treasury, Department for Digital, Culture, Media & Sport (2017 to 2023), The Rt Hon Nadine Dorries and Nigel Huddleston MP
• Published: 13 May 2021
• Last updated: 24 November 2021
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  1. 24 November 2021

     These factsheets have been updated and changes have been implemented following the successful passage of the Dormant Assets Bill in its first House, prior to its progression into the second House.

  2. 13 May 2021

     First published.

This was published under the 2019 to 2022 Johnson Conservative government

Documents

Factsheet one: Bill overview

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Factsheet Two: Policy context and background

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Details

These factsheets give an overview of the Dormant Assets Bill, which will allow the inclusion of additional assets across from the insurance and pensions, investment and wealth management, and securities sectors in the Dormant Assets Scheme. Scheme expansion has the potential to unlock an estimated £880 million for social and environmental purposes.