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Settlement of disputes.
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4.—(1) If any dispute arises between the Postmaster General, or the trustees of any savings bank, and the holder of any stock inscribed in the register, or any person claiming to be entitled to any such stock, the matter in dispute shall be referred in writing to the Chief Registrar of Friendly Societies.
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(2) On any such reference being made, the Chief Registrar may proceed ex parte on notice in writing sent by post to the Postmaster General or trustees, and may inspect the register, and may administer oaths to any witnesses appearing before him; and his award on the matter in dispute shall be final and binding on all parties.
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(3) In the application of this section to Scotland and Ireland, the assistant registrar for Scotland or Ireland, respectively, shall be substituted for the Chief Registrar of Friendly Societies.
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