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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 September 1971 - onwards
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45. Payment of debts out of deposit.

Repealed from 1 September 1971

(1) Whenever a person (in this sub-section referred to as the creditor) obtains in any Court a judgment, order, or decree against a person (in this section referred to as the depositor) who has made and maintains a deposit in the High Court under this Part of this Act for the payment of a sum of money in discharge of a liability (whether liquidated or unliquidated) incurred by the depositor in the course of or in relation to the business carried on by him, the High Court may, if it so thinks proper on the application in a summary manner of the creditor, order that the said sum of money and the costs (if any) payable by the depositor to the creditor under the said judgment, order, or decree and also (if the High Court so thinks proper) the creditor's costs of such application be paid to the creditor out of the said deposit so maintained by the depositor.

(2) Whenever any money is paid, in pursuance of an order of the High Court made under the foregoing sub-section of this section,

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