# The Court Funds (Amendment) Rules 1988

S.I. 1988/817 · made 29 April 1988

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.

Made under: Administration of Justice Act 1982 (Section 38)

PDFs: Printed copy https://openlegislation.uk/court-funds-amendment-rules-1988/pdf/uksi_19880817_en.pdf

## Introductory text

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 1982 and with the concurrence of the Treasury, hereby makes the following Rules.

## 1 Citation and commencement

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

## 2 Citation and commencement

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

## 3 Citation and commencement

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

## 4 Calculation of interest over short periods

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

## 5 Forms 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”.

## 6 Dates 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.”

## 7 Dates 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.

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Source: https://www.legislation.gov.uk/uksi/1988/817 (the official version)
Page: https://openlegislation.uk/court-funds-amendment-rules-1988
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.