Funds of Suitors Act, 1984

Realisation of investments of the dormant account of the funds of suitors.

2.—(1) As soon as may be after the passing of this Act the Accountant shall, upon the order of the Chief Justice, realise all of the investments of the dormant account of the funds of suitors save such part thereof as is, at the time of the completion of the realisation, equal in value to the value of one per cent. of those investments.

(2) In this section “investments”, in relation to the dormant account of the funds of suitors, means assets of that account other than cash in that account.