Dormant Bank and Building Society Accounts Bill [HL]

I asked whether subsection (1) dealt with that. The account sits there; no transaction goes through it; interest is not transferred from it; it is calculated outside the account and goes to another account. The core account, therefore, is not touched; there is not a transaction that involves it. I raised the amendment to clarify whether that separate calculation and payment of interest were correctly described as a transaction in relation to the account when it had not been touched.