# Land Clauses Consolidation Act 1845, Section 86: Application of Funds in court.

Extent: E+W+N.I.

Money paid under section 85 of this Act into the Senior Courts shall remain there by way of security to the parties whose lands shall so have been entered upon for the performance of the condition of the bond to be given by the promoters of the undertaking, as hereinbefore mentioned, and, if invested under section 38 of the Administration of Justice Act 1982shall be accumulated; and upon the condition of such bond being fully performed the High Court may, on the application of the promoters, order it, or the proceeds of the securities in which it has been invested, together with the accumulation thereof, to be paid to the promoters of the undertaking, or if such condition shall not be fully performed it shall be lawful for the said Court to order the same to be applied, in such manner as it shall think fit, for the benefit of the parties for whose security the same shall have been paid.

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Source: https://www.legislation.gov.uk/ukpga/Vict/8-9/18/crossheading/entry-on-lands/section/86n1 (the official version)
Page: https://openlegislation.uk/land-clauses-consolidation-act-1845/crossheading-entry-on-lands/section-86n1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.