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Courts Act 1971
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- UK Public General Acts
- 1971 c. 23
- SCHEDULE 5
- PART II
- Funds in court
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Funds in court
9(1)On the relevant date all investments and money which immediately before that date constituted the funds in court in the City Court shall, by virtue of this Act and without any transfer- or assignment, be vested, subject to sub-paragraph (2) below, in the registrar of the county court as funds in that court.
(2)So much of the investments and money referred to in sub-paragraph (1) above as, immediately before the relevant date, was held in the joint names of the Chamberlain of the City of London and the registrar of the City Court shall, instead of being vested solely in the registrar of the county court in accordance with that sub-paragraph, be vested, by virtue of this Act and without any transfer or assignment, jointly in the registrar of the county court and the Accountant-General of the Supreme Court.
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