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Magistrates Court (Civil Division) Rules 1998
160Interest applicable to Litigants Fund
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### 160 Interest applicable to Litigants Fund
> > (1) As soon as practicable after 30 June and 31 December in each year, the Administrator is to certify the rate of interest applicable to the Litigants Fund for the immediately preceding 6-month period.
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> > (2) The certified rate is to be not more than, and within 1% of, the average rate of interest paid on money in the account of the Litigants Fund during the relevant period.
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> > (3) The Administrator is to maintain a register of certifications.
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> > (4) Money paid into the Litigants Fund is to accrue interest at the certified rate.
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> > (5) Unless the Court orders otherwise, interest is taken to be part of the principal paid into the Litigants Fund.
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> > (6) Interest does not accrue in respect of any 6-month period unless the Administrator has certified the rate under [subrule (1)](#GS160@Gs1@EN) .
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> > (7) The Court may order the appropriate disposition of interest accrued under this rule.