The Court Funds Rules 1987

1. Introductory Text

2. Preliminary (rules 1—5)

3. Part I Authorities for Lodgment, Payment Out, Transfer etc (rules 6—12)

4. Part II Lodgment of Funds in Court (rules 13—24)

5. Part III Appropriation (rule 25)

6. Part IV Placing of Money other than Foreign Currency to an Interest Bearing Account (rules 26—33)

7. Part V Range of Investments (rules 34—37)

8. Part VI Dealings with Foreign Currencies (rules 38—39)

9. Part VII Payment, Transfer and Delivery of Funds out of Court (rules 40—51)

10. Part VIII Conversion, Allotment and Write-off of Securities (rules 52—55)

11. Part IX National Debt Commissioners (rule 56)

12. Part X Unclaimed Funds in Court (rules 57—62)

13. Part XI Certificates in Respect of Funds in Court (rule 63)

14. TABLE OF CONTENTS

    1. rule 1. Citation, commencement and revocation

    2. 2. Interpretation

    3. 3. Court Funds Office

    4. 4. Discharge of Accountant General’s functions

    5. 5. Power to authorise use of forms

    6. PART I Authorities for Lodgment, Payment out, Transfer etc.

       1. 6. Lodgment Schedule

       2. 7. Payment Schedule

       3. 8. Preparation and amendment of Schedules

       4. 9. Certificate of a Master or Taxing Master

       5. 10. Particulars of interest ordered to be paid as directed in judgment or order

       6. 11. Regular payments

       7. 12. Funds on which duty is payable

    7. PART II Lodgment of Funds in Court

       1. 13. Accountant General’s directions for payment to the Bank

       2. 14. Lodgment on receipt of a Lodgment Schedule

       3. 15. Lodgment on receipt of a written request

       4. 16. Lodgment of money in court

       5. 17. Securities transferable by delivery and deposit of effects

       6. 18. Return of lodgment directions

       7. 19—24. Payment of suitors' money into a county court

    8. PART III Appropriation

       1. 25. Appropriation

    9. PART IV Placing of Money Other than Foreign Currency to an Interest Bearing Account

       1. 26. Establishment of interest bearing accounts

       2. 27. Interest on money placed to an interest bearing account

       3. 28. Time for placing money to an interest bearing account

       4. 29. Money not to be placed to a basic account

       5. 30. Money to be placed to a special account

       6. 31. Money paid in satisfaction

       7. 32. Interest on money paid in satisfaction

       8. 33. Withdrawal of money from an interest bearing account

    10. PART V Range of Investments

        1. rule 34. Range of investments

        2. 35. Time for investment

        3. 36. Amount for investment

        4. 37. Investment in Common Investment Fund

    11. PART VI Dealings with Foreign Currencies

        1. 38—39. Dealings with Foreign Currencies

    12. PART VII Payment, Transfer and Delivery of Funds out of Court

        1. 40. Payments out of money by post and identification of payees

        2. 41. Payment etc. after a change of name or style

        3. 42. Payment pursuant to directions of the Court of Protection

        4. 43. Payment etc. to representatives of deceased persons

        5. 44. Payment out without order of money lodged in satisfaction

        6. 45. Payment out to defendant without order

        7. 46. Payment out of interest on securities

        8. 47. Transfer or delivery of securities

        9. 48. Charges on purchase or sale of securities

        10. 49. Application of funds dealt with before receipt of Payment Schedule

        11. 50. Payment of suitors' money out of a county court

        12. 51. Specially created account

    13. PART VIII Conversion, Allotment and Write-off of Securities

        1. 52. Application to the court concerning conversion and allotment

        2. 53. Conversion and allotment of securities

        3. 54. Arrangements with the Bank over paid off securities

        4. 55. Securities of dissolved companies

    14. PART IX National Debt Commissioners

        1. 56. National Debt Commissioners

    15. PART X Unclaimed Funds in Court

        1. rule 57. Unclaimed funds

        2. 58. Lists of unclaimed funds

        3. 59. Disposal of unclaimed effects in court

        4. 60. Disposal of unclaimed securities in court

        5. 61. Repayment of closed county court funds

        6. 62. Unclaimed money in county courts

    16. PART XI Certificates in Respect of Funds in Court

        1. 63. Certificates of funds in court, copies of accounts etc.

15. Signature

16. Explanatory Note