Dormant Bank and Building Society Accounts Bill [HL]

I see the refinement that the noble Baroness recommended and that the noble Lord, Lord Higgins, has identified. It is not that the disadvantages I have identified might not be overcome and the private sector persuaded about constructive ideas, but this is legislation: if we put this into the Bill it becomes obligatory on institutions to fulfil these obligations and we are not persuaded of the case.