Dormant Bank and Building Society Accounts Bill [Lords]

I stand corrected on the nuances—the measure would not take people's money for evermore. However, it provides for taking people's money, and they would have to go through a procedure to get it back if they resurfaced after, for example, 20 years. On Treasury discretion, new clauses 3 and 2 are effectively no different. I prefer new clause 3 because of the factors that it covers. On the review, new clause 3(2) contrasts with new clause 2(4). The subject matter that would be reviewed under Government new clause 3 is rather greater and more intensive than that envisaged under the Opposition's new clause 2. Similarly, when one contrasts new clause 3(3) with new clause 2(6), the consultation process envisaged in new clause 3 is rather better than that in new clause 2. For those reasons, if new clause 3 is pushed to a Division, I will support the Government.