Court Officers Act, 1926

Winding-up of Lunacy Fund.

55.—(1) The Lunacy Fund referred to in sections 110 and 116 of the Lunacy Regulation (Ireland) Act, 1871 shall be wound up on such day (hereinafter referred to as the closing day) after the commencement of this Part of this Act and before the next following 1st day of April as the Minister shall, with the sanction of the Minister for Finance, appoint.

(2) All investments, securities, funds, and moneys standing to the credit of the lunacy fund on the closing day shall on that day or so soon thereafter as conveniently may be be paid into or disposed for the benefit of the Exchequer in such manner as the Minister for Finance shall direct.

(3) From and after the closing day the percentage charged on the estates of lunatics under sections 109 to 114 of the Lunacy Regulation (Ireland) Act, 1871 shall be paid into the Exchequer in such manner and at such times as the Minister for Finance shall direct.

(4) All salaries and pensions heretofore payable out of the Lunacy Fund shall after the closing day, if and so far as they respectively continue to be payable, be paid out of moneys provided by the Oireachtas as part of the expenses incurred in the execution of this Act, and all such expenses (other than salaries and pensions) as have heretofore been defrayed out of the Lunacy Fund shall after the closing day be defrayed either out of moneys provided by the Oireachtas or out of the said percentage charged on the estates of lunatics before the same is paid into the Exchequer as the Minister for Finance after consultation with the Chief Justice shall direct, and all such expenses (other than salaries and pensions) shall be so defrayed on the certificate of the Chief Justice certifying the amount and nature of each expense and that the same was duly incurred by his direction or with his approval.

(5) The Minister may, with the consent of the Minister for Finance and after consultation with the Chief Justice from time to time vary the rates of the said percentage charged on the estates of lunatics and may, if he so thinks fit but with the consent aforesaid, raise such rates above or reduce such rates below the rates and total amounts specified in section 109 of the Lunacy Regulation (Ireland) Act, 1871 , but until such rates are varied under this section the said percentage shall be charged at the rates at which it was chargeable immediately before the commencement of this Part of this Act.