38 Management and investment of funds in court
Administration of Justice Act 1982 (1982 c 53) | Legislation

Part VI Funds in Court

38  Management and investment of funds in court

(1)     Subject to rules made under subsection (7) below, all sums of money, securities and effects paid and deposited in, or under the custody of—

(a)     the High Court;

[(aa)     the family court;]

(b)     [the county court]; or

(c)     such other courts and tribunals as the Lord Chancellor may by rules made under that subsection prescribe,

shall be vested in the Accountant General.

(2)     One or more accounts shall be opened and kept in the name of the Accountant General at such bank or banks as may be designated by the Lord Chancellor with the concurrence

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