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, The Rt Hon Nadine Dorries MP, and Nigel Huddleston MP
Published
13 May 2021
Last updated
24 November 2021 — See all updates

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.

Published 13 May 2021
Last updated 24 November 2021 + show all updates

  1. 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. First published.