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Dormant Bank and Building Society Accounts Bill [HL]

I am grateful to the noble Baroness for raising this issue. I share her high opinion of the Law Society of Scotland, having met it a number of times. As I said in reply to an earlier group of amendments, though, we rely on how Clause 8 defines ““balance””. We have already had a discussion about whether Clause 8 deals with the issue of interest in particular. The noble Lord, Lord Monson, reprimanded me for—he did not describe it in these terms, but it is what he meant—the opaque language of Clause 8(2) and wondered whether we could do better. The answer to the noble Baroness’s question is to be found in the definitions in Clause 8.