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LUNACY REGULATION (IRELAND) ACT 1871 - SECT 30

High Court may authorize payment or transfer into court of money or stock as security for receiver.

30. Where it is desired and [the High Court] allow that the receiver shall, in
lieu of giving security in the manner now used by bond or recognizances with
sureties, give security, in the whole or in part, by bringing into court an
adequate sum of money or stock, [the High Court] may by order direct or give
liberty for the payment [into the Supreme Court], to the credit of the matter
of the lunatic and the separate credit of the receiver, and as his security
pro tanto, any sum of money, or the transfer [into the Supreme Court], in the
matter of the lunatic, and to the separate credit of the security of the
receiver, of any sum of stock; and such transfer, investment, and application
shall be made by virtue of such order of [the High Court], and such sum of
money or stock when so paid in or transferred as aforesaid shall stand and be
subject to such orders as [the High Court] shall from time to time or at any
time make in respect thereof; and [the Accountant General of
the Supreme Court] shall declare the trust of the sum of money or stock when
so paid or transferred accordingly, subject to the order of [the High Court].

© 1871 Crown Copyright

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