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Public Trustee and Administration of Funds Act 1986

Current text a fecha 1986-11-07

Public Trustee and Funds Administration

Public Trustee and Accountant General: appointment, tenure of office etc.

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Exercise by Public Trustee of functions of Court of Protection

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(aa) in the case of the Public Trustee, subject to any directions of the Master and so far only as may be provided by any rules made under this Part of this Act or (subject to any such rules) by directions of the Master,

; and

(1A) In such cases or circumstances as may be prescribed by any rules under this Part of this Act or (subject to any such rules) by directions of the Master, the functions of the judge under this Part of this Act shall be exercised by the Public Trustee (but subject to any directions of the Master as to their exercise)

.

(2A) The exercise of the functions referred to in subsection (2) above by the Public Trustee shall be subject to any directions of the Master and they shall be exercisable so far only as may be provided by any rules made under this Part of this Act or (subject to any such rules) by directions of the Master.

; and

(3A) In such cases or circumstances as may be prescribed by any rules under this Part of this Act or (subject to any such rules) by directions of the Master, the functions referred to in subsection (2) above shall be exercised by the Public Trustee (but subject to any directions of the Master as to their exercise).

Functions of the Public Trustee

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but persons may be appointed as his officers and expenses paid under section 8 and rules may be made under section 14 of that Act for the purposes of this section as for the purposes of that Act.

Accountant General's powers of investment

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In section 38 of the Administration of Justice Act 1982 (management and investment of funds in court), subsection (5) (power of court to specify manner of investment by Accountant General) and, in subsection (4), the words " subject to subsection (5) below " shall be omitted.

Investment expenses of National Debt Commissioners

Deduction by National Debt Commissioners of investment expenses of money in court

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and (c) an amount equal to the expenses incurred by the Commissioners in that year in making investments under subsection (1) above and disposing of investments so made

.

(4A) Any sum deducted by the Commissioners under subsection (2)(c) above shall be applied as an appropriation in aid of moneys provided by Parliament for the expenses of the National Debt Commissioners; and, so far as not so applied, shall be paid into the Consolidated Fund.

General

Short title, commencement and extent

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SCHEDULE

Public Trustee

1

For subsection (1) of section 8 of the Public Trustee Act 1906 (appointment and tenure of office of public trustee) there shall be substituted the following—

(1) The Lord Chancellor shall appoint such person as he thinks fit to the office of Public Trustee and the person so appointed shall hold and vacate office in accordance with the terms of his appointment. (1A) The Public Trustee shall be paid such salary or fees as the Lord Chancellor determines with the consent of the Treasury. (1B) If one person holds office both as the Public Trustee and as the Accountant General of the Supreme Court then, if he ceases to be the Accountant General, he shall also cease to be the Public Trustee unless the Lord Chancellor otherwise directs. (1C) If a vacancy occurs in the office of Public Trustee or the person appointed to hold office is for any reason unable to act for any period such person as the Lord Chancellor appoints as deputy in that office shall, during the vacancy or that period, perform the functions of that office (and any property vested in the Public Trustee may accordingly be dealt with by the deputy in all respects as if it were vested in him instead).

Accountant General of the Supreme Court

2

In section 93(1) of the Supreme Court Act 1981 (status of officers for purposes of salary and pension), after the words " Schedule 2 " there shall be inserted the words " or the office of Accountant General of the Supreme Court " .

3

For subsections (2) and (3) of section 97 of the Supreme Court Act 1981 (office of Accountant General) there shall be substituted the following—

(2) The Lord Chancellor shall appoint such person as he thinks fit to the office in the Supreme Court of Accountant General of the Supreme Court and the person so appointed shall hold and vacate office in accordance with the terms of his appointment. (3) The Accountant General shall be paid such salary or fees as the Lord Chancellor determines with the consent of the Treasury. (4) If one person holds office both as the Accountant General and as the Public Trustee then, if he ceases to be the Public Trustee, he shall also cease to be the Accountant General unless the Lord Chancellor otherwise directs. (5) If a vacancy occurs in the office of Accountant General or the person appointed to hold the office is for any reason unable to act for any period such person as the Lord Chancellor appoints as deputy in that office shall, during the vacancy or that period, perform the functions of that office (and any property vested in the Accountant General may accordingly be dealt with by the deputy in all respects as if it were vested in him instead).

4

In Schedule 2 to the Parliamentary Commissioner Act 1967 (which lists the authorities subject to investigation under that Act), after note 1, there shall be inserted the following note—

(1A) The reference to the Lord Chancellor's Department includes the department of the Accountant General of the Supreme Court (whether or not that office is held by the Permanent Secretary to the Lord Chancellor).

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Public Trustee and Accountant General: appointment, tenure of office etc.

Functions of the Public Trustee.

Short title commencement and extent.

Editorial notes

[^c788599]: 1983 c. 20.

[^c788602]: 6 Edw. 7 c. 55.

[^c788603]: 1983 c. 20.

[^c788604]: S. 3(6)(a) repealed (7.11.2002) by 2002 c. 35, s. 1(3)

[^c788606]: 1982 c. 53.

[^c788608]: Edw. 7 c. 55.

[^c788609]: 1981 c. 54.

[^c788610]: Sch. para. 4 repealed by Parliamentary and Health Service Commissioners Act 1987 (c. 39, SIF 89), s. 10(2), Sch. 2

[^key-538d2e64ae029db571ab64c4f4978855]: S. 4 repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 1 Group 4, Pt. 17, Group 8

[^key-79e5fe52dcf6adddc9a70bc88995f395]: S. 6(2) repealed (22.7.2004) by Statute Law (Repeals) Act 2004 (c. 14), Sch. 1 Pt. 1 Group 4, Pt. 17, Group 8

Short title commencement and extent.