SCHEDULES

SCHEDULE 14 U.K. Settlement of Disputes

Modifications etc. (not altering text)

C1 Sch. 14 excluded (temp.) by S.I. 1986/2168, art. 3(1)(4)

Part I U.K. Proceedings in Court

Right of [F1 FCA and PRA] to be heard U.K.

Textual Amendments

F1 Words in Sch. 14 para. 3 heading substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 56(3) (with Sch. 12)

3 (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 [F2 FCA and, if the society is a PRA-authorised person, the PRA] . U.K.

(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 [F2 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.

Textual Amendments

F2 Words in Sch. 14 para. 3 substituted (1.4.2013) by The Financial Services Act 2012 (Mutual Societies) Order 2013 (S.I. 2013/496), art. 1(1), Sch. 8 para. 56(4) (with Sch. 12)