Local Courts (Civil Claims) Act 1970 Local Courts (Civil Claims) Amendment (Proceeds of Writs) Rule 2001 (2001-901) [GG No 175 of 16.11.2001, p 9225] (NSW)
2001 No 901
| Local Courts (Civil Claims) Amendment | New South Wales |
(Proceeds of Writs) Rule 2001
under the
Local Courts (Civil Claims) Act 1970
The Local Court (Civil Claims) Rule Committee made the following rule of court under the Local Courts (Civil Claims) Act 1970 on 9 October 2001.
Stephen Olischlager
Secretary to the Rule Committee
Explanatory note
The object of this Rule is to amend the Local Courts (Civil Claims) Rules 1988 to make further provision in respect of the receipt, custody and disbursement of money levied or received by a Sheriff’s officer or bailiff by virtue of a writ of execution.
| Published in Gazette No 175 of 16 November 2001, page 9225 | Page 1 |
| [4] | |
| 2001 No 901 | |
| Clause 1 | Local Courts (Civil Claims) Amendment (Proceeds of Writs) Rule 2001 |
Local Courts (Civil Claims) Amendment (Proceeds
of Writs) Rule 2001
Name of Rule
This Rule is the Local Courts (Civil Claims) Amendment (Proceeds of
Writs) Rule 2001.
2 Commencement
This Rule commences on 1 January 2002.
Amendment of Local Courts (Civil Claims) Rules 1988
The Local Courts (Civil Claims) Rules 1988 are amended as set out in
Schedule 1.
4 Notes
The explanatory note does not form part of this Rule.
2001 No 901
Local Courts (Civil Claims) Amendment (Proceeds of Writs) Rule 2001
| Amendments | Schedule 1 |
| Schedule 1 | Amendments |
(Clause 3)
Part 30 rule 20
Omit the rule. Insert instead:
20 Receipt, custody and disbursement of money
(1) A Sheriff’s officer or bailiff levying or receiving money by virtue of a writ of execution must, where practicable, give an acknowledgment of the money to the judgment debtor or other person from whom the money has been received.
(2) A Sheriff’s officer or bailiff levying or receiving money by virtue of a writ of execution must do either of the following after levying or receiving the money:
(a)
with the consent of the registrar at the court where the Sheriff’s officer or bailiff is located—pay the amount levied or received to the registrar within 24 hours of its receipt and provide a return to the registrar specifying the following:
(i)
the amounts payable from the proceeds of the writ to the judgment creditor in reduction or satisfaction of the judgment debt, and
(ii)
the amount to be retained for the Sheriff’s officer’s costs of the writ,
(b)
pay to the judgment creditor the amount levied or received (to the extent of the judgment debt) within 21 days of its receipt, less the amount of the Sheriff’s officer or bailiff’s costs of the writ.
(3)
If payment is made to the registrar under subrule (2) (a), the registrar must pay the money in accordance with the return provided by the Sheriff’s officer or bailiff within 21 days of its receipt.
(4)
If the money levied or received by the Sheriff’s officer or bailiff exceeds the total of the amount necessary to satisfy the writ of execution (including interest) and the costs of the execution, the amount in excess of that total amount must be paid to the judgment debtor within 21 days of its receipt.
2001 No 901
Local Courts (Civil Claims) Amendment (Proceeds of Writs) Rule 2001
| Schedule 1 | Amendments |
(5) The Sheriff’s officer or bailiff at a court must:
(a) keep a trust account with a bank approved by the Treasurer, and (b) pay into that account all money received by the Sheriff’s officer or bailiff in respect of any writ and not paid immediately to a registrar, a judgment creditor or, in respect to money referred to in subrule (4), a judgment debtor.
Part 30A rule 15A
Insert after rule 15:
15A Receipt custody and disbursement of money from sale of land (1) If a Sheriff’s officer or bailiff sells land under a writ of execution, the Sheriff’s officer or bailiff may make such adjustments and directions for payment of settlement moneys as is necessary under the conditions contained in the approved contract for the transfer of the property to the purchaser.
(2) The Sheriff’s officer or bailiff is entitled to retain from
settlement moneys the costs of execution.
(3) The Sheriff’s officer or bailiff must pay to the judgment creditor from settlement moneys the amount of the judgment debt (including interest) as provided under the writ of execution within 21 days of settlement.
(4) The balance of any settlement moneys in excess of the amounts disbursed under subrules (1)–(3) are to the paid by the Sheriff’s officer or bailiff to the registrar of the court where the writ was issued within 21 days of settlement with a return outlining the disbursement of moneys.
BY AUTHORITY
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