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Regulation 18 Settlement of disputes

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

If any dispute arises between the authority and—

(a)

the contributor in respect of any savings contract, or

(b)

a person who is or claims to be the personal representative or next of kin or creditor of a contributor, or the trustee in bankruptcy or assignee of a contributor who is bankrupt or insolvent, or

(c)

a person who claims to be entitled to the benefit of any savings contract,

the matter in dispute shall be referred in writing to the Chief Registrar of Friendly Societies.

(2)

On any such reference being made, the Chief Registrar may proceed ex parte on notice in writing sent by post to the authority, and may administer oaths to any witnesses appearing before him.

(3)

The award of the Chief Registrar on any reference under this Regulation shall be final and binding on all parties.

(4)

Section 9 of the Post Office Savings Bank Act 1954 (which empowers the Treasury to direct that fees shall be charged on certain awards made by the Registrar of Friendly Societies) shall have effect as if the awards therein mentioned included awards made under this Regulation.