Full legislation
s.10AA
Suitors’ Funds Rules
(1)
The Chief Justice may, after consulting the President, make rules for regulating
the following
matters—
(a)
the deposit, payment, delivery, and transfer in, into, and out of the
Tribunal of money, securities and movable property of suitors;
(b)
the evidence of such deposit, payment, delivery, or transfer, and the
investment of and other dealings with money, securities and movable property in
the Tribunal;
(c)
the execution of the orders of the Tribunal; and
(d)
the powers and duties of the registrar with reference to such money,
securities and movable property.
(2)
Without limiting subsection (1), rules made under that subsection may provide
for—
(a)
regulating the placing on and withdrawal from deposit of money in the
Tribunal, 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 is, and
the dividends on any securities standing in the name of the registrar are, to be
placed on deposit; and
(f)
disposing of money remaining unclaimed in the Tribunal.
(3)
In this
section—
securities
(
證券
) includes
shares.