# Building Societies Act 1986, Paragraph 5

Extent: E+W+S+N.I.

(1) Subject to sub-paragraph (2) below, a scheme must confer power on the adjudicator, by his determination, to do either or both of the following, that is to say—
(a) direct the society or connected undertaking whose action is complained of to take or desist from taking such steps as are specified in the determination;
(b) order the society or connected undertaking whose action is complained of to pay the complainant a sum by way of compensation for the loss, expense or inconvenience caused by the action.
(2) A scheme may impose a limit on the amount of compensation that a society or connected undertaking may be ordered to pay a complainant, but the limit must not be less than £100,000.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/12/part/III/crossheading/functions-of-adjudicator/paragraph/5 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-12/part-III/crossheading-functions-of-adjudicator/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

