Dormant Bank and Building Society Accounts Bill [HL]

I have the greatest respect for the Minister, but how he can believe that its incurring of some costs—the cost of putting in an envelope a few copies of a report—is an argument that is worthy of consideration, I do not know. How he can say that it involves a new role, I do not know. We are talking about material which may be on a website to which most parliamentarians will never have access—and if they have access to it, they may miss the date on which the information is made available. It does not do the Government credit to suggest that the report simply be sent to Parliament or that sending it to Parliament would somehow involve a new monitoring role. Those arguments do not stand up. This is a minor amendment which recognises the fact that this body is set up by Parliament and the irrefutable logic that Parliament will want to take more interest in what it does than in the average company established for other purposes. Therefore, I am disappointed, though perhaps not surprised, that the Government feel unable to support the amendment. In the mean time, and until we have thought further about what we want to do with it, I beg leave to withdraw the amendment. Amendment, by leave, withdrawn.