An MHK says proposed new legislation regarding dormant Island accounts could inject new revenue streams into communities.
Middle MHK Bill Shimmins will formally introduce the Dormant Assets Bill for it's first reading in the House of Keys on Tuesday.
The bill aims to allow money to be moved from dormant bank accounts that haven't seen activity in at least 15 years to then be distributed to good causes on Island.
He added the rights of owners of accounts affected by the legislation whose money goes into the fund - held by the Treasury - would be protected and would hold the right to reclaim their money indefinitely.
Crogga still owes the Isle of Man Government money
DoI says works at Liverpool ferry terminal will take longer
Over 50 employment tribunals outstanding at the DoI
Free period products bill raises cost concerns for MHKs
Key road in Ramsey to re-open early this afternoon
Want to start training to become a nurse?
Appeal launched after fly-tipper filmed dumping rubbish
Prepare your pets for Bonfire Night, says Manx charity
