The Court Funds (Amendment) Rules (Northern Ireland) 2009
S.R. 2009/232 · Made 15 June 2009
Judicature, Northern Ireland
Made 15th June 2009
Coming into operation 20th July 2009
To be laid before Parliament
The Lord Chancellor, in exercise of the powers conferred on him by section 82(1) of the Judicature (Northern Ireland) Act 1978f1 and with the concurrence of the Treasury, makes the following Rules:
Annotations to the whole text
Footnotes
- f1
Contents
1Citation and commencement
These Rules may be cited as the Court Funds (Amendment) Rules (Northern Ireland) 2009 and shall come into operation on 20th July 2009.
2Prescribed rates of interest
In rule 32A of the Court Funds Rules (Northern Ireland) 1979f1—
in paragraph 2 for “3% per annum” substitute “0.3% per annum”; and
in paragraph 3 for “4% per annum” substitute “0.5% per annum”.
Signature
Signed by the authority of the Lord Chancellor
Bridget Prentice
Parliamentary Under-Secretary of State
Ministry of Justice
Dated 10th June 2009
We concur
Tony Cunningham
Steve McCabe
Two of the Lords Commissioners of Her Majesty’s Treasury
Dated 15th June 2009
Explanatory note
(This note is not part of the Rules)
These Rules amend the Court Funds Rules (Northern Ireland) 1979 [ 1979 No. 105] so as to amend the rate of interest payable—
on money placed to the deposit account from 3% per annum to 0.3% per annum;
on money placed to the short-term investment account from 4% per annum to 0.5% per annum.