SCHEDULES
C1SCHEDULE 14 Settlement of Disputes
Part I Proceedings in Court
Jurisdiction of the court
1
1
No court other than the High Court or, in the case of a building society whose principal office is in Scotland the Court of Session, shall have jurisdiction to hear and determine disputes to which this paragraph applies; and, in this Part of this Schedule, “the court” means the High Court or, as the case may be, the Court of Session.
2
This paragraph applies to any dispute—
a
between a building society and a member of the society in his capacity as a member, or
b
between a building society and a representative of such a member in that capacity,
in respect of any rights or obligations arising from the rules of the society or any provision of this Act or any statutory instrument under it.
3
Except in the cases referred to in sub-paragraph (5) below, no disputes to which this paragraph applies may be referred to arbitration.
4
The court shall not hear and determine any dispute arising out of section 61(8)(a) or F1paragraph 20A(10)(a) or 31(4)(a) of Schedule 2 to this Act.
5
The court shall not hear and determine any dispute which is required to be referred to arbitration under paragraph 4 below or which is referred to the F2FCA under paragraph 6 or to an adjudicator under paragraph 7 below except as provided in paragraph 2 below.
Sch. 14 excluded (temp.) by S.I. 1986/2168, art. 3(1)(4)