§ Mr. Squireasked the Chancellor of the Exchequer if he will list the details of disputes referred to the Chief Registrar of Friendly Societies under section 95 of the Building Societies Act 1962 since January 1981.
§ Mr. Bruce-GardyneBetween 1 January 1981 and 28 March 1983, nine disputes between building societies and their members have been referred to the central office of the Registry of Friendly Societies under section 95 of the Building Societies Act 1962. During the same period the registry has also dealt with six applications under section 63 of the Act for access to the register of members of societies, five of which were granted.
The details of the disputes under section 95 are as follows:
of directors of the Nationwide building society circulated to members in advance of the society's annual general meeting for 1983.
§ Mr. Bruce-GardyneNeither the Treasury nor the registry were consulted over the substance of the statement, or on the partial quotation of the views of successive Chief Registrars on the selection and election of directors.
The society did consult the registry informally on the procedure to be followed on certain resolutions tabled by members. It was advised to seek legal advice on certain legal points, since those might be referred to the registry for arbitration. Two subsequently were. Generally, the registry encouraged the society to give a substantive reply to points raised by members.