{
  "url": "https://openlegislation.uk/court-funds-rules-1987/article-37",
  "json_url": "https://openlegislation.uk/court-funds-rules-1987/article-37.json",
  "legislation": "uksi/1987/821",
  "legislation_title": "The Court Funds Rules 1987",
  "legislation_url": "https://openlegislation.uk/court-funds-rules-1987",
  "path": "article/37",
  "kind": "article",
  "number": "37",
  "heading": "Investment in Common Investment Fund",
  "text": "(1) Where funds are required to be invested in Common Investment Fund units or such units are required to be realised, the purchases and sales shall be effected on the first available valuation day.\n(2) Funds shall not be directed to be invested in Capital Fund Units unless the authority giving the direction is satisfied that the funds are likely to remain so invested for at least five years: provided that this paragraph shall not apply in any case where there is an express request for investment in Capital Fund Units by or on behalf of one or more of the persons interested in the fund, or, if such person is ascertained or tracable, by the person who pays the funds into court.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1987/821/article/37",
    "retrieved_at": "2026-10-29T16:27:06.548503+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}