(1)  All moneys in court shall, subject to the Rules of Court , be paid as soon as practicable after payment into or deposit in court, into an authorised deposit-taking institution approved by the Treasurer or into the Treasury.

(2)  Subject to the Rules of Court and to any order of the Court or a judge moneys paid into an authorised deposit-taking institution or into the Treasury under subsection (1) shall be invested by the Registrar–

(a) in such securities as are mentioned in section 5 of the Trustee Act 1898 ;

(b) by deposit at interest in the Treasury; or

(c) in any other security in which he is authorized by the Rules of Court to invest–

with power to vary investments and where he thinks proper to postpone, or refrain from, investment.

(3)  The interest or other income from investment under this section shall be dealt with as prescribed by the Rules of Court .