107 Power to direct transfer of credits in dormant bank accounts
Charities Act 2011 (2011 c 25) | Legislation

Power to give directions about dormant bank accounts of charities

107  Power to direct transfer of credits in dormant bank accounts

(1)     The Commission may give a direction under subsection (2) where—

(a)     it is informed by a relevant institution—

(i)     that it holds one or more accounts in the name of or on behalf of a particular charity (“the relevant charity”), and

(ii)     that the account, or (if it so holds two or more accounts) each of the accounts, is dormant, and

(b)     it is unable, after making reasonable

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