---

Dormant Bank and Building Society Accounts Bill [HL]

I thank the Minister for clarifying that the Government think there is no problem with the reclaim fund borrowing money. The point I was trying to make is that in some cases it is convenient to allow these sorts of organisations to borrow money, especially if it is to deal with cash flow problems, but having the power to borrow money raises its own issues and, unless you are very sure about the governance structures and who is in control, it is potentially a dangerous power. Since we have no clarity on the latter, it is difficult to reach a judgment. However, at least the Government have given a clear view—a first today, I think, and we must celebrate that. I beg leave to withdraw the amendment. Amendment, by leave, withdrawn.