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Dormant Bank and Building Society Accounts Bill [Lords]

In my experience, we in this Chamber do not generally pass provisions in Bills that simply say, ““Thou shalt comply with the law.”” Instead, we set out what the law is in our democracy, after which it passes through Parliament—and very often it includes sanctions to encourage people to comply with the law and to extract penalties if they fail to do so. Clause 5(4) is therefore a curious measure, because it simply says, in terms, ““Thou shalt comply with the law””, albeit the law and the rules of the company. This returns us to the question I put earlier, which I hope my hon. Friend might address: who are to be the members of the company?