OpenLegislation

Section 71 Sums from 20l. to 200l. to be deposited, or paid to trustees.C1C2

England, Wales and Northern Ireland

If such purchase money or compensation shall not amount to the sum of two hundred pounds, and shall exceed the sum of twenty pounds, the same shall either F1be paid into the F2Senior Courts, and applied in the manner herein-before directed with respect to sums amounting to or exceeding two hundred pounds, or the same may lawfully be paid to two trustees, to be nominated by the parties entitled to the rents or profits of the lands in respect whereof the same shall be payable, such nomination to be signified by writing under the hands of the party so entitled; and in case of the . . . F3 incapacity of the parties entitled to such monies, such nominations, may lawfully be made by their respective . . . trustees; but such last-mentioned application of the monies shall not be made unless the promoters of the undertaking approve thereof, and of the trustees named for the purpose; and the money so paid to such trustees, and the produce arising therefrom, shall be by such trustees applied in the manner herein-before directed with respect to money paid into the Senior Courts but it shall not be necessary to obtain any order of the court for that purpose.

Annotations

Textual amendments

F1

Words substituted by Administration of Justice Act 1965 (c. 2), S. 17, Sch. 1

F2

Words in Act (except s. 3) substituted (1.10.2009) by Constitutional Reform Act 2005 (c. 4), s. 148(1), Sch. 11 para. 9(2); S.I. 2009/1604, art. 2(d)

F3

Words repealed by Compulsory Purchase Act 1965 (c. 56), s. 39(4), Sch. 8 Pt. II

Modifications

C1

S. 71 excluded by Pipe-lines Act 1962 (c. 58), s. 51(4).

C2

S. 71 modified by Judicature (Northern Ireland) Act 1978 (c. 23, SIF 38), Sch. 5 Pt. II (as amended (1.10.2009) by Constitutional Reform Act 2005 (c. 4), s. 148(1), Sch. 11 para. 6; S.I. 2009/1604, art. 2(d))