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The Common Investment (Amendment) Scheme 2007

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Statutory Instruments

2007 No. 1095

SUPREME COURT OF ENGLAND AND WALES

COUNTY COURTS, ENGLAND AND WALES

The Common Investment (Amendment) Scheme 2007

Made

29th March 2007

Laid before Parliament

30th March 2007

Coming into force

20th April 2007

The Lord Chancellor, in exercise of the powers conferred on him by sections 42(1) and 42(16) of the Administration of Justice Act 1982(1), makes the following Scheme:

Citation and commencement

1.  This Scheme may be cited as the Common Investment (Amendment) Scheme 2007, and comes into force on 20th April 2007.

Amendment of the Common Investment Scheme 2004

2.  After paragraph 9(6) of Schedule 2 to the Common Investment Scheme 2004(2), insert—

(7) For the purposes of sub-paragraph (3), “Accountant General” means, in relation to England and Wales, the Accountant General of the Supreme Court of England and Wales and, in relation to Northern Ireland, the Accountant General of the Supreme Court of Judicature of Northern Ireland.

Falconer of Thoroton, C.

29th March 2007

EXPLANATORY NOTE

(This note is not part of the Scheme)

Section 42(5)(b) of the Administration of Justice Act 1982 permits units in the Common Investment Scheme established under section 42(1) of that Act to be allotted to and held by the Accountant General of the Supreme Court of Judicature of Northern Ireland. This Scheme amends the Common Investment Scheme 2004 so that the phrase “Accountant General” in paragraph 9(3) of Schedule 2 to that scheme includes a reference both to the Accountant General of the Supreme Court of England and Wales and to the Accountant General of the Supreme Court of Judicature of Northern Ireland.

A full regulatory impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.

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