# County Court Rules (Northern Ireland) 1981, Rule 2: [ Investment of money recovered by person under disability

Extent: N.I.

(1) Moneys paid into court may be invested in the following securities—
(a) securities issued by Her Majesty’s Government in the United Kingdom, the Government of Northern Ireland or the Government of the Isle of Man, being fixed-interest securities registered in the United Kingdom or the Isle of Man, Treasury Bills or Tax Reserve Certificates or any variable interest securities issued by Her Majesty’s Government in the United Kingdom and registered in the United Kingdom;
(b) any securities the payment of interest on which is guaranteed by Her Majesty’s Government in the United Kingdom or the Government of Northern Ireland;
(c) fixed-interest or variable interest securities issued in the United Kingdom by any public authority or by any nationalised industry or nationalised undertaking in the United Kingdom;
(d) debentures issued in the United Kingdom by a company incorporated in the United Kingdom, being debentures registered in the United Kingdom;
(e) equity shares in a public limited liability company whose shares are listed in the Official List of the Stock Exchange;
(f) equity shares in an investment trust company;
(g) any units of a gilt unit trust scheme;
(h) any units of an authorised unit trust scheme;
(i) any shares in an open-ended investment company within the meaning of the Open-Ended Investment Companies Regulations (Northern Ireland) 2004 or the Open-Ended Investment Companies Regulations 2001.
(2) Pending or in lieu of such investment, moneys so paid in may be lodged on deposit receipt in accounts held with the National Debt Commissioners or in accounts held with such bank as the Lord Chancellor may, with the concurrence of the Treasury, designate under section 79 of the Judicature (Northern Ireland) Act 1978.

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Source: https://www.legislation.gov.uk/nisr/1981/225/part/45/chapter/2/rule/2 (the official version)
Page: https://openlegislation.uk/county-court-rules-northern-ireland-1981/part-45/chapter-2/rule-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

