194CBanking and investment of suitors' funds

### 194C Banking and investment of suitors' funds > *\[Section 194C Inserted by No. 4 of 1963, s. 3 \]**\[Section 194C Amended by No. 92 of 1974, s. 6 and Sched. 1 \]* > > > (1)  [*\[Section 194C Subsection (1) amended by No. 74 of 1999, Sched. 2, Applied:01 Jan 2000\]*](/view/html/inforce/2000-01-01/act-1999-074#JS2@Ja50@GC1@Hpa@EN) *\[Section 194C Subsection (1) amended by No. 62 of 1996, s. 3 and Sched. 1 \]*All moneys in court shall, subject to the [Rules of Court](/view/html/inforce/2026-04-12/sr-1976-078#) , be paid as soon as practicable after payment into or deposit in court, into an authorised deposit-taking institution approved by the Treasurer or into the Treasury. > > > (2)  [*\[Section 194C Subsection (2) amended by No. 74 of 1999, Sched. 2, Applied:01 Jan 2000\]*](/view/html/inforce/2000-01-01/act-1999-074#JS2@Ja50@GC1@Hpb@EN) *\[Section 194C Subsection (2) amended by No. 92 of 1974, s. 6 and Sched. 1 \]**\[Section 194C Subsection (2) amended by No. 62 of 1996, s. 3 and Sched. 1 \]*Subject to the [Rules of Court](/view/html/inforce/2026-04-12/sr-1976-078#) and to any order of the Court or a judge moneys paid into an authorised deposit-taking institution or into the Treasury under [subsection (1)](#GS194C@Gs1@EN) shall be invested by the Registrar– > > > > > > (a) in such securities as are mentioned in [section 5 of the](/view/html/inforce/2026-04-12/act-1898-034#GS5@EN) [Trustee Act 1898](/view/html/inforce/2026-04-12/act-1898-034) ; > > > > > > > (b) by deposit at interest in the Treasury; or > > > > > > > (c) in any other security in which he is authorized by the [Rules of Court](/view/html/inforce/2026-04-12/sr-1976-078#) to invest– > > > > with power to vary investments and where he thinks proper to postpone, or refrain from, investment. > > > (3)  The interest or other income from investment under this section shall be dealt with as prescribed by the [Rules of Court](/view/html/inforce/2026-04-12/sr-1976-078#) .