Court Funds (Amendment No. 3) Rules (Northern Ireland) 1997

S.R. 1997/497 · Made 10 November 1997 · Extends to Northern Ireland

Not fully up to date. 3 changes made by later legislation have not yet been written into this text, which is revised to 10 November 1997.

See the changes not yet applied

Provision	Change	Made by
rule 1	coming into force	Court Funds 1997 rule 1
rule 2	coming into force	Court Funds 1997 rule 1
Regulations	revoked	Specified Risk Material 1997 reg. 32

JUDICATURE, NORTHERN IRELAND

Made 10th November 1997

To be laid before Parliment

Coming into operation 15th December 1997

The Lord Chancellor, in exercise of the powers conferred on him by section 82(1) of the Judicature (Northern Ireland) Act 1978^f1 and with concurrence of the Treasury, hereby makes the following Rules:—

Annotations to the whole text

Footnotes

f1: 1978 c. 23

1Citation and commencement Not yet in force
2Prescribed rates of interest Not yet in force
Signature
Explanatory note

1Citation and commencementI1

These Rules may be cited as the Court Funds (Amendment No. 3) Rules (Northern Ireland) 1997 and shall come into operation on 15th December 1997.

2Prescribed rates of interestI1

in Rule 32A of the Court Funds Rules (Northern Ireland) 1979^f1—

(a)

In paragraph (2) for the words “4% per annum” substitute the words “4.5% per annum.”;

(b)

in paragraph (3) for the words “5% per annum” substitute the words “6% per annum.”.

Signature

Irvine of Lairg, C.

Dated 10th November 1997.

We concur

John McFaul

Bob Ainsworth

Two of the Lords Commissioners of Her Majesty’s Treasury

Dated 12th November 1997.

Explanatory note

(This note is not part of the Rules.)

These Rules amend the Court Funds Rules (Northern Ireland) 1979 so as to increase the rate of interest payable—

(a)

on money placed to the deposit account from 4% per annum to 4.5% per annum;

(b)

on money placed to the short-term investment account from 5% per annum to 6% per annum.