The Court Funds Rules 2011

PART 6 Miscellaneous provisions

Information about a fund in court

42.  The Accountant General shall, on receipt of a request in writing, provide information about a fund in court to:

(a) a person who is entitled to the fund in court; or

(b) a person who the Accountant General considers to have a valid reason for requesting the information.

Statement of account

43.—(1) Paragraph (2) applies where a child or a person who lacks capacity is entitled to a fund in court.

(2) The Accountant General shall send a statement of account to the child or person who lacks capacity:

(a) on an annual basis; and

(b) at such other times as the Accountant General considers appropriate.

Court’s obligations in respect of deposit and payment schedules

44.—(1) Where an order has been made in respect of a fund in court, an officer of the court which made the order shall:

(a) sign and authenticate the deposit schedule or payment schedule, as the case may be; and

(b) send it to the Accountant General.

(2) Where the court amends a deposit schedule or payment schedule, an officer of the court which made the order shall:

(a) sign and seal the amendment; and

(b) send it to the Accountant General.

Transfer between courts

45.  Where proceedings in which a fund has been deposited in court are transferred to another court, the court to which the proceedings are transferred must notify the Accountant General of the transfer.

National Debt Commissioners

46.—(1) The Accountant General shall transfer to the National Debt Commissioners:

(a) money held in the account of the Accountant General (the “operational account”) that exceeds the amount reasonably required to satisfy current demands; and

(b) non-apportionable sums received in respect of securities.

(2) The National Debt Commissioners shall transfer to the Accountant General such amount as the Accountant General may request in writing if the balance of the operational account is less than the amount reasonably required to satisfy current demands.

(3) As soon as is practicable after half-yearly interest accruing on money invested in a basic or special account has been credited to the appropriate accounts the Accountant General shall certify to the National Debt Commissioners the amount required to credit interest on those accounts.

(4) When the Accountant General has informed the National Debt Commissioners of the amount required in paragraph (3), the National Debt Commissioners shall credit that amount to the account into which the money transferred under paragraph (1) was invested.