Dormant Bank and Building Society Accounts Bill [Lords]

The hon. Gentleman is absolutely right, but the service is still a surrogate. I do not think that there is a clear link between the purpose of supporting youth services, which I agree with, and the precise mechanism for collecting the money for it. I certainly do not dissent from the measure and will not vote against the Bill. I, too, want more youth services in my area. It is undoubtedly a needy sector of public services. However, bearing in mind my view of the legislation as a whole, I am uncomfortable about the non-inclusive way in which the decisions have been made. It would have been helpful to have had a more rounded approach, as the Select Committee said, incidentally. It firmly shared my view. On local disbursement and the activities of smaller banks and building societies, the figure of £7 billion seems about right, but there is no rational basis for saying that a smaller institution is defined by an asset base of £7 billion.