Obviously, if one sets the figure very high the number of claimants is likely to be lower. I am slightly worried about the five and 11p as I was the Minister responsible for carrying decimalisation through. But be that as it may, I come to the important point originally raised by my noble friend Lady Noakes on the question of confidentiality. I find it difficult to believe that British banks are more worried about confidentiality than are Swiss banks, which had no problem with this. I suspect that, while it may be a helpful argument if you do not really want to become too proactive, it is not a genuine problem.
I am most grateful for the response from various colleagues. Let us see where we get to at Report. I beg leave to withdraw the amendment.
Amendment, by leave, withdrawn.
Dormant Bank and Building Society Accounts Bill [HL]
Proceeding contribution from
Lord Higgins
(Conservative)
in the House of Lords on Monday, 10 December 2007.
It occurred during Debate on bills
and
Committee proceeding on Dormant Bank and Building Society Accounts Bill [HL].
Type
Proceeding contribution
Reference
697 c21GC 
Session
2007-08
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-16 02:36:31 +0000
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