§ Mr. BOTTOMLEY
asked the Chancellor of the Exchequer, whether, under the present law all dormant balances in the hands of bankers become their property after the expiration of six years; and whether, pending a full inquiry into the subject of unclaimed bank balances and securities, he will introduce a Bill requiring bankers to advertise the particulars of dormant accounts six months before, by operation of law, they would become merged with their own assets?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. McKinnon Wood)
My right hon. Friend does not consider that there is sufficient reason to take the action suggested in the hon. Member's question.