Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2022-02-28.

account

65(in relation to a dormant account) has the meaning given in section 9 of the Dormant Bank and Building Society Accounts Act 2008, which is in summary:

  1. (a) an account which has at all times consisted only of money and is provided by a bank or building society as part of its activity of accepting deposits; and
  2. (b) in relation to a building society, it includes an account representing shares in the society, other than:
    1. (i) preferential shares; or
    2. (ii) deferred shares within the meaning given in section 119(1) of the Building Societies Act 1986.