In all cases not provided for by the rules and regulations of any institution taking the benefit of this Act, where any matter of dispute shall arise among the managers, or other members as aforesaid, of any such institution, or of any persons acting under them, and any individual depositor therein, or any executor, administrator, next of kin or creditor of any deceased depositor, or any person claiming to be such executor, administrator, next of kin or creditor, then and in such case such matter of dispute shall be submitted to the sheriff or his substitute of the [F1sheriffdom] within which such institution is situated, for his decision; whereupon the said sheriff or his substitute shall be bound to decide forthwith, and his decision shall be final and conclusive and binding on all parties, and in no case whatever shall it be competent to bring such decision under the review of any court of law whatever, by appeal, suspension, advocation, reduction or any other form of process; and no bond, receipt or discharge for or in respect of any sum of money paid upon such reference or in consequence of such decision, shall be subject to or chargeable with any stamp duty whatever.
Textual Amendments
F1Word substituted by virtue of Sheriff Courts (Scotland) Act 1971 (c. 58), Sch. 1 para. 1