- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (01/01/1993)
- Gwreiddiol (Fel y'i Deddfwyd)
Version Superseded: 20/07/2005
Point in time view as at 01/01/1993.
There are currently no known outstanding effects for the Friendly Societies Act 1992, Cross Heading: Disputes under National Savings Bank Act 1971 and National Debt Act 1972.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
(1)The jurisdiction as to disputes such as are mentioned—
(a)in subsection (1) of section 10 of the M1National Savings Bank Act 1971 (disputes between the Director of Savings and depositors etc); and
(b)in subsection (1) of section 5 of the M2National Debt Act 1972 (disputes between the Director and the holder of any stock registered in the National Savings Stock Register or a person claiming to be entitled to any such stock),
shall be exercisable by a person (“the adjudicator”) appointed by the Treasury.
(2)The adjudicator shall be a person who—
(a)has a seven year general qualification, within the meaning of the M3Courts and Legal Services Act 1990;
(b)is an advocate or solicitor in Scotland of at least seven years’ standing; or
(c)is a member of the bar of Northern Ireland or solicitor of the Supreme Court of Northern Ireland of at least seven years’ standing.
(3)Subject to subsections (4) and (5) below, the adjudicator shall hold and vacate office in accordance with the terms of his appointment.
(4)A person may at any time resign office as adjudicator by giving the Treasury a signed notice stating that he resigns that office.
(5)The adjudicator may be removed from office by the Chancellor of the Exchequer on the ground of incapacity or misbehaviour.
(6)The Treasury may pay, or make such payments towards the provision of, such remuneration, pensions, allowances or gratuities to the adjudicator as the Treasury may determine.
(7)The Chancellor of the Exchequer may appoint for the adjudicator such staff as he thinks fit with such remuneration and other terms and conditions of service as he thinks fit.
(8)Payments under this section shall be made out of money provided by Parliament.
Commencement Information
I1S. 84 wholly in force at 1.1.1993 see s. 126(2) and S.I. 1992/3117, art. 2(i).
Marginal Citations
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