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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Rules.)

These Rules amend the Court Funds Rules (Northern Ireland) 1979 so as to:

(a)

provide, subject to the needs of current demands, for the cash balance in the Accountant General’s account to be transferred to the National Debt Commissioners;

(b)

establish and require to be maintained two accounts in the Court Funds Office, namely a deposit account and a short term investment account;

(c)

prescribe the rates of interest to be paid in respect of these accounts and related matters.