Dormant Bank and Building Society Accounts Bill [HL]

That is a very detailed question. We are constructing legislation which seeks to guarantee that it is a private body. We have made great progress in developing this scheme with the private sector. I say again that this is all about a light touch. The noble Baroness has identified the ultimate sanction. The public authority must have the right to that sanction, but it is by no means a question of the Treasury giving direction to the body. We identify the body as being private and will defend the Bill on that basis. It is a judgment for the Office for National Statistics, and it is somewhat unlikely that it should be expected to make the judgment now before we have established the process. We will cross that bridge when we come to it.