# Court Funds (Amendment No. 3) Rules (Northern Ireland) 1997

S.R. 1997/497 · made 10 November 1997 · revised to 10 November 1997

These Rules amend the Court Funds Rules (Northern Ireland) 1979 so as to increase the rate of interest payable—on money placed to the deposit account from 4% per annum to 4.5% per annum;on money placed to the short-term investment account from 5% per annum to 6% per annum.

Made under: Judicature (Northern Ireland) Act 1978 (Section 82)

## Introductory text

JUDICATURE, NORTHERN IRELAND
Made 10th November 1997
To be laid before Parliment
Coming into operation 15th December 1997
The Lord Chancellor, in exercise of the powers conferred on him by section 82(1) of the Judicature (Northern Ireland) Act 1978 and with concurrence of the Treasury, hereby makes the following Rules:—

## 1 Citation and commencement

These Rules may be cited as the Court Funds (Amendment No. 3) Rules (Northern Ireland) 1997 and shall come into operation on 15th December 1997.

## 2 Prescribed rates of interest

in Rule 32A of the Court Funds Rules (Northern Ireland) 1979—
(a) In paragraph (2) for the words “4% per annum” substitute the words “4.5% per annum.”;
(b) in paragraph (3) for the words “5% per annum” substitute the words “6% per annum.”.

## Signature

Irvine of Lairg, C.
Dated 10th November 1997.
We concur
John McFaul
Bob Ainsworth
Two of the Lords Commissioners of Her Majesty’s Treasury
Dated 12th November 1997.

## Explanatory note

(This note is not part of the Rules.)
These Rules amend the Court Funds Rules (Northern Ireland) 1979 so as to increase the rate of interest payable—
(a) on money placed to the deposit account from 4% per annum to 4.5% per annum;
(b) on money placed to the short-term investment account from 5% per annum to 6% per annum.

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Source: https://www.legislation.gov.uk/nisr/1997/497 (the official version)
Page: https://openlegislation.uk/court-funds-amendment-no-3-rules-northern-ireland-1997
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.