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The Savings Certificates (Yearly Plan) Regulations 1984

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Settlement of disputes

23.—(1) If any dispute arises between the Director of Savings and—

(a)the person to whom the terms of an agreement apply, or

(b)the holder of any certificates, or

(c)a person on whose behalf an agreement was entered into, or

(d)a person who is or claims to be the personal representative or next of kin or creditor of a person to whom the terms of an agreement applied or the holder of a certificate, or the trustee in bankruptcy or assignee of such a person who is bankrupt or insolvent, or

(e)a person who claims to be entitled under any agreement or to any certificate,

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 Director of Savings, 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 11 of the National Savings Bank Act 1971 (which empowers the Treasury to direct that fees shall be charged on certain awards made by the Chief Registrar of Friendly Societies) shall have effect as if the awards therein mentioned included awards made under this Regulation.

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