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Civil Proceedings Regulation 2024
sec.25Meaning of inactive account
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sec.25 Meaning of inactive account
A proceeding or account to which money in court or securities in court are credited is an inactive account on a particular day if, during the 6 year period before that day— there has been no dealing with the money or securities other than— the accrual of interest; or the ongoing investment of the money or securities under a court order; and a party has not taken a step in the relevant proceeding.
- (a) there has been no dealing with the money or securities other than— (i) the accrual of interest; or (ii) the ongoing investment of the money or securities under a court order; and
- (i) the accrual of interest; or
- (ii) the ongoing investment of the money or securities under a court order; and
- (b) a party has not taken a step in the relevant proceeding.
- (i) the accrual of interest; or
- (ii) the ongoing investment of the money or securities under a court order; and