Queensland Consolidated Acts

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COURT FUNDS ACT 1973 - SECT 16

16 Regulation making power

(1) The Governor in Council may make regulations under this Act.

(2) A regulation may be made about--

(a) the deposit, payment, delivery and transfer in, into and out of the Court of money and securities that belong to suitors or are otherwise capable of being deposited in or paid or transferred into the Court or into any financial institution or are under the custody of the Court, and the evidence of such deposit, payment, delivery or transfer;
(b) the investment of and other dealings with money and securities in Court in pursuance of the orders of the Court, and the execution of the orders of the Court;
(c) the powers and duties of the Minister and the registrar with reference to money and securities in Court;
(d) the manner in which the Minister and the registrar are to deal with money and securities in pursuance of orders of the Court;
(e) the manner in which effect is to be given to an order of the Court that is to be executed by or through the office of the Minister;
(f) the arrangements generally between the office of the Minister and the Court and the officers of the Court;
(g) the information to be given to and by the Minister with reference to Court business;
(h) the deposit, payment, sale, transfer and delivery with, to or by the Minister of money and securities in Court and the proceedings, evidence and duties of persons in relation thereto;
(i) regulation of the investment of money in Court in securities and the conversion into money of securities in Court;
(j) the determination of the manner of ascertaining the value of securities ordered to be purchased, sold or otherwise dealt with by the Minister;
(k) the payment and crediting of interest on money in Court;
(l) the determination of the smallest amount of money in Court that is to be invested in securities unless directed to be invested notwithstanding the smallness of the amount, and the smallest amount of money in Court on which interest in pursuance of this Act is to be credited to an account to which money in Court belongs;
(m) the determination of the time at which interest on money in Court is to begin and cease and the manner of computing such interest;
(n) dealing with interest on securities standing to the account of the Minister on behalf of the Court;
(o) dealing with accounts on which the balance of money and securities together is less than $20, and providing for the periodical publication of a list of accounts not dealt with for a period of 6 years and dealing with those accounts;
(p) the manner of framing and expressing orders of the Court and proceedings relating to the business of the Minister pursuant to this Act;
(q) abrogation of any general orders of the Court in relation to matters pursuant to this Act;
(r) proof of the existence of an order of the Court and of the matters contained therein that shall be sufficient to authorise the transfer on sale or otherwise or the delivery out of securities or other things deposited with any financial institution or other person.

(3) The transfer or delivery out of securities or other things by an officer of any financial institution or other person upon production of such proof.



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