Dormant Bank and Building Society Accounts Bill [HL]

I shall not comment in detail on the amendments in the name of the noble Lord, Lord Shutt, because my amendments in the next two groups make the same points. I was a little mystified by the noble Lord’s introduction to Amendment No. 8. It seemed to me that it was another compulsion amendment, like Amendment No. 2 moved by the noble Lord, Lord Newby, and that this was not just a question of what options we gave larger building societies and banks in terms of falling within the alternative scheme in Clause 2. That is why I shall reserve my comments for the two groups of amendments that follow this one.