South Australian Numbered Acts

STATUTES AMENDMENT (ATTORNEY-GENERAL'S PORTFOLIO) ACT 2012 (NO 17 OF 2012) - SECT 18

18—Insertion of section 40A

After section 40 insert:

40A—Custody of litigant's funds and securities

        (1)         The Registrar is responsible for the proper custody of money paid into the Court and securities delivered to the Court in connection with proceedings in the Court.

        (2)         The Treasurer guarantees the safe keeping of any such money or security from the time it comes into the Court's custody until it lawfully ceases to be in that custody.

        (3)         Any liability arising under the guarantee will be satisfied from the General Revenue of the State (which is appropriated to the necessary extent).

        (4)         Money paid into the Court may be invested in a manner authorised by the rules and any interest or accretions arising from the investment will be dealt with as prescribed by the rules.

        (5)         Any money in the Court's custody that has remained unclaimed for 6 years or more may be dealt with under the Unclaimed Moneys Act 1891 .