SCHEDULES
SCHEDULE 10Proceedings under jurisdiction transferred to Supreme Court
Funds
7
1
This paragraph applies to the investments and money which constitute the funds in court of—
a
the House of Lords, or
b
the Judicial Committee of the Privy Council,
that are held in relation to transferred proceedings.
2
On the transfer day the investments and money are, by virtue of this paragraph and without any transfer or assignment, vested in the accounting officer as funds in the Supreme Court.
3
In dealing with any investments and money vested in him by virtue of this paragraph, the accounting officer must comply with any directions which the Lord Chancellor may give with a view to securing the transition of the administration of the funds in court referred to in sub-paragraph (1).