ABSTRACT
BeSides its convenience and cheapness to the policyholder, this procedure for arbitration gives the Commissioner some insight into the practical working of industrial assurance. Further, it is reasonably certain that any widespread grievance among the policyholders of a particular company or society will sooner or later reach the Commissioner in the form of a dispute, and if the oompany or society is at fault the Commissioner's decision in a single dispute may at least point the way to corrective action. (iii) Disputes relating to SafJings Banks and SafJings Certificates
Under the Trustee Savings Bank Acts any dispute between a savings bank and any depositor or rival claimant to a deposit must be referred to the
Registrar. This jurisdiction has been extended by Acts and Regulations to cover similar disputes relating to deposits in the Post Office Savings Bank, Railway Savings Banks and the Birmingham Municipal Bank, and to Savings Certificates and other investments made through the Post Office. Because of the high proportion of savings invested in the Post Office Savings Bank and in Savings Certificates these form the subject of the majority of the savings bank disputes with which the Registrar deals. The jurisdiction is of growing importance. The number of disputes referred in 1938 was 21I and by 1946 the number had risen to 431.
