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Dormant Bank and Building Society Accounts Bill [HL]

We may be surprised by what the Minister says but my guess is that he will defend the voluntary scheme. I have just one question on this voluntary scheme: what is it that we are asking the banks to volunteer for? Is it whether they join the scheme, or the extent to which they join the scheme? They could say, ““We’ll put so much in””. In other words, it is the hokey-cokey—some in, some out. The answer will be very important in determining whether it is a proper scheme or a hokey-cokey scheme. The spirit must be that they are in the scheme. If it is hokey-cokey, we will not have a level playing field even though that should be the position. I hope the Minister will address that.