# Building Societies Act 1986, Paragraph 3

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

(1) Any person who institutes proceedings in the court in relation to a dispute to which paragraph 1 above applies shall give notice of the fact and of the matter in dispute to the FCA and, if the society is a PRA-authorised person, the PRA .
(2) The court shall not proceed to hear a dispute to which paragraph 1 applies until the court is satisfied that the notice required by sub-paragraph (1) above has been given.
(3) The FCA and, if the society is a PRA-authorised person, the PRA shall be entitled, with the leave of the court, to attend and to be heard at any hearing of a dispute to which paragraph 1 applies.

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Source: https://www.legislation.gov.uk/ukpga/1986/53/schedule/14/paragraph/3 (the official version)
Page: https://openlegislation.uk/building-societies-act-1986/schedule-14/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.