Question to the Department for Digital, Culture, Media & Sport:

To ask Her Majesty's Government what is their role in monitoring the effectiveness of systems and processes relating to spending money from dormant bank accounts belonging to members of the public.

The Big Lottery Fund is named in the Act as the distributor of dormant account money for meeting expenditure that has a social or environmental purpose in England, Scotland, Wales and Northern Ireland. Each devolved administration makes decisions on how these funds are used.

In England, all monies so far made available from dormant bank accounts have been allocated to Big Society Capital, the world’s first social investment wholesaler. The Government established Big Society Trust to provide oversight of Big Society Capital and to ensure that this funding is spent effectively. In the devolved administrations, Big Lottery Fund plays this monitoring role.