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Funds of Suitors Act, 1966

In short

This law allows for a portion of money held by the Accountant of the Courts of Justice, known as "funds of suitors," to be used for specific rebuilding projects. It also ensures that if these funds become insufficient, the Minister for Finance will cover any shortfall.

What it regulates

Who it concerns

Key points

📄 Legal text
Funds of Suitors Act, 1966 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.ie) Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.ie) Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1966 Funds of Suitors Act, 1966 Funds of Suitors Act, 1966 Permanent Page URL View by SectionAmharc de réir Ailt View Full ActAmharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRí arna ndéanamh faoin Acht Print Full ActPriontáil an tAcht Iomlán Number 25 of 1966. FUNDS OF SUITORS ACT, 1966 ARRANGEMENT OF SECTIONS Section 1. Interpretation. 2. Disposal of part of funds of suitors. 3. Deficiency in funds of suitors. 4. Short title. Act Referred to Central Fund Act, 1956 1956, No. 12 Number 25 of 1966. FUNDS OF SUITORS ACT, 1966 AN ACT TO PROVIDE FOR DISPOSAL OF PART OF THE FUNDS OF SUITORS VESTED IN THE ACCOUNTANT OF THE COURTS OF JUSTICE. [19th July, 1966.] BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:— Interpretation. 1.—In this Act— “the account” means the general cash account of the funds of suitors which stands in the books of the Bank of Ireland in the name of the Accountant of the Courts of Justice; “the funds of suitors” means the funds of suitors vested in the Accountant of the Courts of Justice; “the Minister” means the Minister for Finance. Disposal of part of funds of suitors. 2.—(1) The Bank of Ireland shall, upon the order of the Chief Justice, pay out of the account to the Capital Fund such sum, not exceeding £450,000, as the Minister requires. (2) Notwithstanding anything contained in subsection (4) of section 4 of the Central Fund Act, 1956 , the Capital Fund may, to the extent to which it represents the sums paid to it pursuant to this section, be applied for or towards the rebuilding of the Abbey Theatre (including the Peacock Theatre), Dublin, and the Opera House, Cork. (3) Not more than £415,000 shall be applied under this section for or towards the rebuilding of the Abbey Theatre (including the Peacock Theatre), Dublin, or for the benefit of the Exchequer to repay any grant or grants already made thereout for that purpose, and not more than £35,000 shall be applied under this section for or towards the rebuilding of the Opera House, Cork, or for the benefit of the Exchequer to repay any grant or grants already made thereout for that purpose. (4) Any sums paid to the Exchequer (not being sums paid under subsection (3) of this section) in respect of the rebuilding of the Peacock Theatre shall be paid to the Capital Fund. (5) Notwithstanding anything contained in subsection (4) of the said section 4, the Minister shall repay to the funds of suitors any sums paid to the Capital Fund under this section which are not required for the purposes of subsection (2) or (3) of this section. Deficiency in funds of suitors. 3.—If it happens that the funds of suitors are at any time reduced to a sum not sufficient to meet the demands upon them, the Minister, so as to afford a complete indemnity to suitors for any loss which they might sustain by reason of the passing of this Act, shall advance out of the Central Fund or the growing produce thereof such sum as he may think necessary, not exceeding £450,000. Short title. 4.—This Act may be cited as the Funds of Suitors Act, 1966. Privacy Statement Accessibility European Legislation Identifier (PDF) Open Data License Ráiteas Príobháideachais Inrochtaineacht Aitheantóir Eorpach Reachtaíochta (ELI) Ceadúnas Sonraí Oscailte Liosta Fianán © Government of Ireland. Oireachtas Copyright Material is reproduced with the permission of the Houses of the Oireachtas © Rialtas na hÉireann. Atáirgtear ábhar faoi Chóipcheart le cead ó Thithe an Oireachtais

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AI explanation based on the official legal text. Indicative, not a substitute for legal advice.