OpenLegislation

Article 29 Money not to be placed to a basic account

Original text. Later amendments are not shown.

Money, including interest, shall not be placed to a basic account where the money:—

(i)

has been directed by an order or other authority to be dealt with other than by being placed to a basic account; or

(ii)

has been carried over to an account of unclaimed balances under rule 57; or

(iii)

stood to the credit of a fund in court before 1st October 1965, without a request that it be placed on deposit; or

(iv)

was paid into court in satisfaction of a claim before 1st April 1983, without a direction that it be placed on deposit; or

(v)

amounts to a sum which is less than £10.