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The Court Funds Rules 2011

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Investment

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14.—(1) Except where rule 15 applies, the Accountant General may only invest or reinvest a fund in court in:

(a)a basic account;

(b)a special account; or

(c)a common investment fund.

(2) Except where rule 15 applies, the Accountant General may only invest money in a common investment fund if it:

(a)amounts to £10,000 or more; and

(b)is held on behalf of:

(i)a child who, on the date on which the investment policy is approved by a court, has 5 years or more until their 18th birthday; or

(ii)a person who lacks capacity who a court, deputy or investment manager has reason to believe will require the investment to be held for 5 years or more.

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