Second reading for dormant accounts bill

Proposed new legislation to put money from dormant bank accounts towards good Island causes goes before the House of Keys next week.

The Dormant Assets Bill 2018 will be laid before members for its second reading on Tuesday.

The bill - introduced in December by Middle MHK Bill Shimmins - would plan to move money from accounts that haven't seen activity in at least 15 years to then be distributed to positive causes on the Isle of Man.

The next Keys session gets underway at 10am on Tuesday, January 22 in Douglas.