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Article 17 Securities transferable by delivery and deposit of effects

Original text. Later amendments are not shown.

(1)

The lodgment in the Supreme Court of securities transferable by delivery and the deposit of effects shall be made either by delivery to the Court Funds Office or, if the Accountant General so directs, by delivery to the Bank.

(2)

Where lodgment under paragraph (1) is made by delivery to the Bank:—

(i)

effects so delivered shall be secured in locked boxes or otherwise to the satisfaction of the Bank, and any person delivering effects shall, if the Bank so requires, permit them to be inspected in his presence by an officer of the Bank; and

(ii)

the Bank shall give a written receipt for the delivery of any securities or effects.

(3)

Any person who deposits effects in court in accordance with these Rules shall provide the Accountant General with an inventory of those effects signed and certified by him as a true and accurate record.

(4)

Any person who desires or is directed to deposit securities in a county court under any statute, and has complied with the requirements of the relevant County Court Rules, shall deposit the securities with the proper officer who shall give the depositor a receipt of the deposit and shall forward the security certificate or certificates to the Accountant General.