# Building Societies Act 1986, Paragraph 2


The court may hear and determine a dispute falling within paragraph 1(5) above in any case where, on the application of any person concerned, it appears to the court—
(a) that application has been made by either party to the dispute to the other party for the purpose of having the dispute settled by arbitration, and
(b) that either arbitrators have not been appointed within 40 days of that application or the arbitrators have refused, or have neglected for a period of 21 days, to proceed with the reference or make an award.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/14/paragraph/2 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-14/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.