{
  "url": "https://openlegislation.uk/court-funds-rules-1987/article-48",
  "json_url": "https://openlegislation.uk/court-funds-rules-1987/article-48.json",
  "legislation": "uksi/1987/821",
  "legislation_title": "The Court Funds Rules 1987",
  "legislation_url": "https://openlegislation.uk/court-funds-rules-1987",
  "path": "article/48",
  "kind": "article",
  "number": "48",
  "heading": "Charges on purchase or sale of securities",
  "text": "Except where rule 34 applies and subject to any directions of the court:—\n(i) where money in court is invested in the purchase of securities, the payment for the purchase shall include all applicable charges; and\n(ii) where securities in court are sold, all applicable charges shall be deducted from the proceeds of sale:\nprovided that, if the schedule directing a purchase or sale also directs that charges are not to be deducted from the fund in court, the transaction shall not be completed until such charges have been paid either to the stockbroker or to the Accountant General, as the case may be.",
  "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/48",
    "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."
}