# Court Funds (Amendment) Rules (Northern Ireland) 1999

S.R. 1999/262 · made 26 May 1999

These Rules amend the Court Funds Rules (Northern Ireland) 1979 so as to reduce the rate of interest payable—on money placed to the deposit account from 4.5% per annum to 3.25% per annum;on money placed to the short-term investment account from 6% per annum to 4.25% per annum.

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

## Introductory text

JUDICATURE, NORTHERN IRELAND
Made 26th May 1999
To be laid before Parliament
Coming into operation 1st July 1999
The Lord Chancellor, in exercise of the powers conferred on him by section 82(1) of the Judicature (Northern Ireland) Act 1978 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 (Northern Ireland) 1999 and shall come into operation on 1st July 1999.

## 2 Prescribed rates of interest

In Rule 32A of the Court Funds Rules (Northern Ireland) 1979—
(a) in paragraph (2) for the words “4.5% per annum” substitute the words “3.25% per annum.”;
(b) in paragraph (3) for the words “6% per annum” substitute the words “4.25% per annum.”.

## Signature

Irvine of Lairg, C.
Dated 26th May 1999
We concur
Jim Dowd
Jane Kennedy
Two of the Lord’s Commissioners of Her Majesty’s Treasury
Dated 8th June 1999.

## Explanatory note

(This note is not part of the Rules.)
These Rules amend the Court Funds Rules (Northern Ireland) 1979 so as to reduce the rate of interest payable—
(a) on money placed to the deposit account from 4.5% per annum to 3.25% per annum;
(b) on money placed to the short-term investment account from 6% per annum to 4.25% per annum.

---
Source: https://www.legislation.gov.uk/nisr/1999/262 (the official version)
Page: https://openlegislation.uk/court-funds-amendment-rules-northern-ireland-1999
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.