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General provisions in relation to deposits under this Part of this Act.
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14.—The following provisions shall apply and have effect in relation to deposits made with the High Court in pursuance of this part of this Act, that is to say:—
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(a) every such deposit shall be made with the privity of the Accountant of the Courts of Justice and shall, when made, be under the control of the High Court;
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(b) any such deposit may, in lieu of being made wholly in money, be made wholly or partly by the deposit of securities authorised by Rules of Court for the investment of moneys under the control of the High Court;
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(c) where any such deposit is made wholly or partly in money, such money shall, at the request of the depositor, be invested in such securities so authorised as the depositor shall specify;
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(d) the income derived from the securities in which such deposit is for the time being invested shall be paid to the depositor;
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(e) the said securities or all or any of them shall, at the request and cost of the depositor, be varied into any other securities authorised as aforesaid and specified by the depositor;
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(f) the depositor may at any time apply for the return, in whole or in part, of the deposit or so much thereof as has not been paid out in pursuance of an order of the High Court under this Part of this Act;
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(g) where such application has been duly made, the deposit or so much thereof as has not been paid out as aforesaid shall be returned, in whole or in part, in accordance with such application upon or as soon as conveniently may be after the expiration of three months from the making of such application and, immediately after such return, the Minister shall be informed thereof;
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(h) the following matters shall be governed by Rules of Court and no order of the High Court shall be required in connection with any of them, that is to say, payment of income from the securities in which the deposit is invested, the variation of such securities, and the return of the deposit.
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