Article 31
Order 49, rule 1 shall be amended as follows:—
In paragraph (1), for the words “of money, not being a judgment or order”, there shall be substituted the words “of a sum of money amounting in value to at least £50, not being a judgment or order”.
In paragraph (3), for the words “section 38(1) of the Administration of Justice Act 1956”, there shall be substituted the words “section 40 of the Supreme Court Act 1981”; for the words “a deposit account in a bank” there shall be substituted “certain types of account”; and there shall be inserted, after the words “conditions applicable to the account”, the words “in question”.
After paragraph (3) there shall be inserted the following new paragraph:—
“(4)An order under this rule shall not require a payment which would reduce below £1 the amount standing in the name of the judgment debtor in an account with a building society or a credit union.”.