Treasury is consulting on secondary legislation under the Dormant Bank and Building Society Accounts Act. The legislation would set up a scheme which FSA would regulate. The consultation explains the law, and how reclaim funds will work, and includes two draft statutory instruments. One extends the scope of FSA authorisation to include reclaim funds. The other applies to small building societies to apply similar disclosure obligations on them as the Act places on smaller banks. The consultation is open for 12 weeks.