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THE HONG KONG GOVERNMENT GAZETTE, SEPTEMBER 14, 1928.
IV.-INTEREST ON FUNDS LODGED,
15.-(1) Money lodged in Court to the credit of any account shall be credited with interest at the rate of two per centum per annum except in the following cases :
(a) When the money is paid into Court as security for costs or by way of satis- faction or amends or in compliance with an order giving leave to defend upon such payment, or
(b) when the amount is less than $100.00.
(2) Interest upon money lodged in court shall not be computed on a fraction of one dollar.
(3) Interest upon money lodged in court shall accrue by calendar months and shall not be computed for any less period. Such interest shall begin on the first day of the calendar month next succeeding that in which the money is lodged in court and shall cease from the last day of the calendar month next preceding the day of the withdrawal of the money from lodgment.
(4) Interest which has accrued for or during the half-year ending on the 30th day of June and 31st day of December in every year on money then lodged in court shall on or before the 15th days of the months respectively following be placed by the Registrar to the credit to which such money shall be standing on every such half-yearly day, and when money lodged in court is withdrawn from lodgment, the interest thereon which has accrued and has not been credited shall be placed to the credit to which the money is then standing.
16. When mouey lodged in court consists of sums which have been lodged at different times, and an order is made dealing with the money, and part of such money has to be withdrawn from lodgment for the purpose of executing such order, the part or parts of the money dealt with by such order last lodged and remaining lodged in court at the time of such withdrawal shall, for the purpose of computing interest, be treated as so withdrawn unless the order otherwise directs.
17. Unless otherwise directed by an order, interest credited on money lodged in court shall, when or so soon as it amounts to or exceeds one hundred dollars be dealt with as if it were money lodged in court and interest shall be credited thereon accord- ingly and, for the purpose of computing interest upon it, shall be treated as having been lodged in court on the last half-yearly day on which any such interest became due.
V. EVIDENCE OF LIFE, ETC.
18. When any person is entitled under an order to receive dividends or other periodical payments and the Registrar requires evidence of life or of the fulfilment of any conditions affecting such payments, such evidence may be furnished by a declaration signed by a solicitor acting on behalf of such person or by a declaration signed by the person entitled to such payment and attested by a justice of the peace, magistrate, minister of religion, or notary public, and the Registrar shall act on such evidence unless in any case he thinks fit to require such evidence to be by statutory declaration or affidavit.
19. When, in carrying into effect the directions of an order, evidence is required by the Registrar for any purposes other than those included in rule No. 18 of these rules, such he may receive and act upon an affidavit or upon a statutory declaration, and every affidavit or statutory declaration shall be filed in court when the Registrar shall consider it necessary.
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