The following subsection shall be substituted for subsection (2) of section 60 of the Industrial and Provident Societies Act 1965 [1965 c. 12.] (decision of dispute) -
"(2) The county court or, in Scotland, the sheriff may determine a dispute in a registered society if -
(a) both parties to the dispute consent; or
(b) the rules of the society concerned contain no directions as to disputes.".