Statutory Instrument 1987 No. 821 (L.3)

      The Court Funds Rules 1987


      © Crown Copyright 1987

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STATUTORY INSTRUMENTS

1987 No. 821 (L.3)

COUNTY COURTS SUPREME COURT OF ENGLAND AND WALES
FUNDS

The Court Funds Rules 1987

Made 7th May 1987
Laid before Parliament 11th May 1987
Coming into force 1st June 1987


COURT FUNDS RULES 1987

ARRANGEMENT OF RULES
Preliminary (rules 1—5)
Part I  Authorities for Lodgment, Payment Out, Transfer etc (rules 6—12)
Part II  Lodgment of Funds in Court (rules 13—24)
Part III  Appropriation (rule 25)
Part IV  Placing of Money other than Foreign Currency to an Interest Bearing Account (rules 26—33)
Part V  Range of Investments (rules 34—37)
Part VI  Dealings with Foreign Currencies (rules 38—39)
Part VII  Payment, Transfer and Delivery of Funds out of Court (rules 40—51)
Part VIII  Conversion, Allotment and Write-off of Securities (rules 52—55)
Part IX  National Debt Commissioners (rule 56)
Part X  Unclaimed Funds in Court (rules 57—62)
Part XI  Certificates in Respect of Funds in Court (rule 63)
TABLE OF CONTENTS
rule 1  Citation, commencement and revocation
2  Interpretation
3  Court Funds Office
4  Discharge of Accountant General's functions
5  Power to authorise use of forms
PART I
Authorities for Lodgment, Payment out, Transfer etc.
6  Lodgment Schedule
7  Payment Schedule
8  Preparation and amendment of Schedules
9  Certificate of a Master or Taxing Master
10  Particulars of interest ordered to be paid as directed in judgment or order
11  Regular payments
12  Funds on which duty is payable
PART II
Lodgment of Funds in Court
13  Accountant General's directions for payment to the Bank
14  Lodgment on receipt of a Lodgment Schedule
15  Lodgment on receipt of a written request
16  Lodgment of money in court
17  Securities transferable by delivery and deposit of effects
18  Return of lodgment directions
19—24  Payment of suitors' money into a county court
PART III
Appropriation
25  Appropriation
PART IV
Placing of Money Other than Foreign Currency to an Interest Bearing Account
26  Establishment of interest bearing accounts
27  Interest on money placed to an interest bearing account
28  Time for placing money to an interest bearing account
29  Money not to be placed to a basic account
30  Money to be placed to a special account
31  Money paid in satisfaction
32  Interest on money paid in satisfaction
33  Withdrawal of money from an interest bearing account
PART V
Range of Investments
rule 34  Range of investments
35  Time for investment
36  Amount for investment
37  Investment in Common Investment Fund
PART VI
Dealings with Foreign Currencies
38—39  Dealings with Foreign Currencies
PART VII
Payment, Transfer and Delivery of Funds out of Court
40  Payments out of money by post and identification of payees
41  Payment etc. after a change of name or style
42  Payment pursuant to directions of the Court of Protection
43  Payment etc. to representatives of deceased persons
44  Payment out without order of money lodged in satisfaction
45  Payment out to defendant without order
46  Payment out of interest on securities
47  Transfer or delivery of securities
48  Charges on purchase or sale of securities
49  Application of funds dealt with before receipt of Payment Schedule
50  Payment of suitors' money out of a county court
51  Specially created account
PART VIII
Conversion, Allotment and Write-off of Securities
52  Application to the court concerning conversion and allotment
53  Conversion and allotment of securities
54  Arrangements with the Bank over paid off securities
55  Securities of dissolved companies
PART IX
National Debt Commissioners
56  National Debt Commissioners
PART X
Unclaimed Funds in Court
rule 57  Unclaimed funds
58  Lists of unclaimed funds
59  Disposal of unclaimed effects in court
60  Disposal of unclaimed securities in court
61  Repayment of closed county court funds
62  Unclaimed money in county courts
PART XI
Certificates in Respect of Funds in Court
63  Certificates of funds in court, copies of accounts etc.

 

Explanatory Note


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