Dormant Bank and Building Society Accounts Bill [HL]

My Lords, our names are attached to this amendment and I would like to speak to it. I would call this ““accountability and action””. As the Minister said earlier, this is a novel way of going forward; if so, it had better be right. The triennial report would be a very good way to consider that and to see whether reuniting is going fine, whether the reclaim fund is working well and whether we have confidence in the voluntary scheme. I am particularly attracted to the paragraph that says we need to raise the horizons and look at other orphan assets. We know that in other places, such as Ireland, other assets have been brought in. If this report is brought forward, it will enable people watching the scheme to look at international comparisons. I hope that the scheme is a great success. As the Minister indicated, I am an enthusiast for the scheme. I hope that insurance, unclaimed dividends, shares and betting slips—you name it—can be brought into the scheme. Earlier today the Minister said, ““Let’s see if we are proved right””. One way in which we can see if the Government are proved right is to get a report about how things are doing and to lay it before Parliament.