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The Court Funds (Amendment) Rules 1988

S.I. 1988/817 · Made 29 April 1988

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

COUNTY COURTS

SUPREME COURT OF ENGLAND AND WALES

FUNDS

Made 29th April 1988

Laid before Parliament 10th May 1988

Coming into force 1st June 1988

The Lord Chancellor, in exercise of the powers conferred on him by section 38(7) of the Administration of Justice Act 1982f1 and with the concurrence of the Treasury, hereby makes the following Rules.

Annotations to the whole text

Footnotes

f1

1982 c. 53.

Contents

  1. 1Citation and commencement
  2. 2Citation and commencement
  3. 3Citation and commencement
  4. 4Calculation of interest over short periods
  5. 5Forms requests and notices
  6. 6Dates of calculation of interest
  7. 7Dates of calculation of interest
  8. Signature
  9. Explanatory note

1Citation and commencement

These Rules may be cited as the Court Funds (Amendment) Rules 1988 and shall come into force on 1st June 1988.

2Citation and commencement

In these Rules a Rule referred to by number means the Rule so numbered in the Court Funds Rules 1987f1.

3Citation and commencement

In Rule 2(1) the word “are” shall be substituted for the words “shall be”.

4Calculation of interest over short periods

In Rule 10(3) the words “which is, or includes, a period” shall be omitted.

5Forms requests and notices

(1)

Rule 5 shall be omitted.

(2)

In Rules 16(2) and 25(1) the words “in the approved form” shall be omitted.

(3)

In Rule 25(2) the words “he shall lodge a notice with the proper officer and the Accountant General accordingly” shall be substituted for the words “he shall notify the proper officer and the Accountant General accordingly in the approved form”.

6Dates of calculation of interest

The following words shall be substituted for Rule 27(3)(iii):

  • “on the last Friday in March and the last Friday in September each year in respect of money placed to a basic account and on the last Friday in May and the last Friday in November each year in respect of money placed to a special account.”

7Dates of calculation of interest

In Rule 62 the words “in a county court” shall be added after the words “unclaimed monies”.

Signature

Mackay of Clashfern, C.

Dated 25th April 1988

We concur,

Tony Durant

David Lightbown

Two of the Lords Commissioners of Her Majesty’s Treasury

Dated 29th April 1988

Explanatory note

(This note is not part of the Rules)

These Rules amend the Court Funds Rules 1987 so as to require the crediting of accrued interest to funds held in court to take place always on the last Friday in an accounting cycle. They also remove reference to approved forms, and make a number of minor amendments for the sake of clarity.