High Court Ordinance

(1)
The Chief Judge of the High Court may make rules for
regulating—
(Amended
10 of 2005 s. 11
)
(a)
the deposit, payment, delivery, and transfer in, into, and out of the High Court of money, securities, and movable property of suitors;
(Amended
25 of 1998 s. 2
)
(b)
the evidence of such deposit, payment, delivery, or transfer, and the investment of and other dealings with money, securities, and movable property in court;
(c)
the execution of the orders of the High Court; and
(Amended
25 of 1998 s. 2
)
(d)
the powers and duties of the Registrar with reference to such money, securities, and property.
(2)
Without prejudice to the generality of the foregoing, rules made under this section may provide
for—
(a)
regulating the placing on and withdrawal from deposit of money in court, and the payment or crediting of interest on money placed on deposit;
(b)
determining the smallest amount of money on deposit on which interest is to be credited to an account to which money placed on deposit belongs;
(c)
determining the time at which money placed on deposit is to begin and to cease to bear interest and the mode of computing such interest;
(d)
determining the cases in which money placed on deposit is to begin and to cease to bear interest and the mode of computing such interest;
(e)
determining the cases in which interest on money placed on deposit and the dividends on any securities standing in the name of the Registrar is or are to be placed on deposit; and
(f)
disposing of money remaining unclaimed in court.
(Amended
20 of 2014 s. 23
)
(3)
In this
section—
securities
(
證券
) includes shares;
suitors
(
訴訟人
) includes any party to arbitral proceedings who makes payment of money into the Court of First Instance in accordance with rules of court.
(Replaced
20 of 2014 s. 23
)