Dormant Assets Act 2022
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Change 1
32 Repeals in the 2008 Act and other minor or consequential amendments
(1) The following provisions of the 2008 Act are repealed— section 11 (customer’s rights preserved on insolvency etc of bank or building society); section 12 (disclosure of information); section 14 (review and report to Parliament). (2) The repeal of section 11 does not affect its continued operation in relation to a right to payment acquired by virtue of section 1(2)(b) or 2(2)(b) of the 2008 Act before the repeal comes into force. (3) Schedule 1 contains minor and consequential amendments.
32 Repeals in the 2008 Act and other minor or consequential amendments
(1) The following provisions of the 2008 Act are repealed— section 11 (customer’s rights preserved on insolvency etc of bank or building society); section 12 (disclosure of information); section 14 (review and report to Parliament). (2) The repeal of section 11 does not affect its continued operation in relation to a right to payment acquired by virtue of section 1(2)(b) or 2(2)(b) of the 2008 Act before the repeal comes into force. (3) Schedule 1 contains minor and consequential amendments.
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