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Dormant Bank and Building Society Accounts Bill [HL]

I have trouble with estimation but not with process. The banks will publish their policies on how they define ““dormancy””. The noble Lord, Lord Hamilton, indicated his suspicion of a bank that was extraordinarily restrictive in its definition of dormancy. If a regular comparison showed that other banks of about the same size and role had a wider definition which released more funds to the scheme, then the restrictive bank would come under pressure. The reclaim fund will publish the flows into the scheme. So if the smallest building society in the country was producing more resources than the biggest bank, informed public opinion would want to ask a few questions of the large bank.