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National Savings Bank Act 1971

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This is the original version (as it was originally enacted).

10Settlement of disputes

(1)if a dispute arises between the Director of Savings and—

(a)a depositor, or

(b)a person who is or claims to be the personal representative or next of kin or creditor of a depositor, or the successor in the trusts of any depositor, being a trustee, or

(c)the trustee in bankruptcy or assignee of a depositor who is bankrupt or insolvent, or

(d)a person who claims to be entitled to money deposited in the National Savings Bank,

the matter in dispute shall be referred in writing to the Registrar.

(2)Upon the reference of the dispute, the Registrar shall have power to proceed ex parte on giving notice in writing to the Director of Savings.

(3)Any award, order or determination made by the Registrar shall be binding and conclusive on all parties and shall be final to all intents and purposes, without any appeal.

(4)On a reference under this section the Registrar may inspect any books of the National Savings Bank relating to the matter in dispute and may administer an oath to any witness appearing before him.

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