# Court Funds (Amendment No. 2) Rules (Northern Ireland) 1997, Note: Explanatory note


(This note is not part of the Rules.)
These Rules amend the Court Funds Rules (Northern Ireland) 1979 so as to:
(a) provide for interest to accrue on lodgments of money paid in satisfaction of a plaintiff’s claim in court;
(b) make clear that the rates of interest prescribed in respect of two accounts maintained by the Court Funds Office, namely the deposit account and short-term investment account, are annual rates;
(c) increase from £1500 to £5000 the sum which may be paid out of court to representatives of deceased persons in certain circumstances;
(d) provide for payment out of court of money by means of the Bankers Automated Clearing System in addition to payment by cheque.

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Source: https://www.legislation.gov.uk/nisr/1997/295/note (the official version)
Page: https://openlegislation.uk/court-funds-amendment-no-2-rules-northern-ireland-1997/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.