division_name: Dormant Bank and Building Society Accounts Bill [HL]
motion: <p pid="b.595.0/1" pwmotiontext="moved">moved Amendment No. 13:</p>
  
  <p class="indent" pid="b.595.0/2" pwmotiontext="moved">After Clause 10, insert the following new Clause&#8212;</p>
  
  <p class="indent" pid="b.595.0/3" pwmotiontext="moved">"Triennial report to Parliament</p>
  
  <p class="indent" pid="b.595.0/4" pwmotiontext="moved">(1) Within three years of the commencement of this Act, and not more than every three years thereafter, the Treasury shall prepare a report on the operation of the dormant accounts arrangements.</p>
  
  <p class="indent" pid="b.595.0/5" pwmotiontext="moved">(2) The report shall include&#8212;</p>
  
  <p pid="b.595.0/6" pwmotiontext="moved">(a) the effectiveness of arrangements that exist to enable those with rights, including those whose rights are established by way of a will, in respect of accounts with banks and building societies to trace those accounts and to be paid money held in those accounts;(b) the amount of money which has been transferred to one or more reclaim funds under section 1 and to charities under section 2 in the period covered by the report;(c) an estimate of the amount of money which could be transferred under sections 1 and 2 together with the Treasury's view of the possible reasons for such money not being transferred;(d) the effectiveness of the arrangements made by reclaim funds to meet repayment claims;(e) the appropriateness of the way in which banks and building societies have identified accounts as dormant within section 10;(f) the desirability and practicality of establishing similar schemes for other categories of assets which have or may become dormant; and(g) any other matters that the Treasury considers to be relevant to the operation and scope of the dormant account arrangements.</p>
  
  <p class="indent" pid="b.595.0/7" pwmotiontext="moved">(3) If the report shows any of the matters covered by the report are unsatisfactory in any respect, the Treasury shall state&#8212;</p>
  
  <p pid="b.595.0/8" pwmotiontext="moved">(a) the improvements that could be made to the arrangements;(b) whether those improvements require legislation or could operate on a voluntary basis;(c) the timescales involved in achieving those improvements;(d) the detailed actions that the Treasury propose to take.</p>
  
  <p class="indent" pid="b.595.0/9" pwmotiontext="moved">(4) Before preparing the report the Treasury shall consult those persons who it considers have relevant knowledge of the operation of the dormant account arrangements.</p>
  
  <p class="indent" pid="b.595.0/10" pwmotiontext="moved">(5) The report shall be published in such manner as the Treasury shall determine and shall be laid before each House of Parliament."</p>
  
  <p pid="b.599.1/1" pwmotiontext="considered">On Question, Whether the said amendment (No. 13) shall be agreed to?</p>
  
  <p pid="b.599.1/2" pwmotiontext="divided">Their Lordships divided: Contents, 159; Not-Contents, 125.</p>