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Bill to pave the way for youth to benefit from unclaimed assets
By Helen Warrell, Third Sector Online, 12 July 2007
Gordon Brown yesterday announced a new bill that will allow banks to transfer dormant assets to a fund for use on youth services.
Outlining his draft legislative programme, which will later form the basis of the Queen's speech, the Prime Minister echoed his commitment in the 2005 pre-budget report which suggested that provision for young people should be the main focus of the dormant funds. "Behind the Unclaimed Assets Bill is our determination...
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