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THE CIRCUIT COURT
Eastern Circuit, Co. of Kildare, Division of Naas
Adjournment of Opening Date of Hilary Sittings
1971
The opening date of the Hilary Sittings for the
Naas Division of the County of Kildare has been
adjourned
from Monday, 22nd February,
to
Thursday, 25th February.
Patrick J. O'Neill.
County Registrar, County Kildare.
REPORT ON INTEREST ON
JUDGMENT DEBTS
The Committee on Court Practice and Proce
dure unanimously
recommended
in
its Tenth
Report that: —
(1) the interest rate on the amount of a judgment
debt and costs should be
1 %
above
the
Central Bank re-discount rate prevailing at
the time judgment is pronounced or, in the
case of judgment obtained by entry in the
office, at the date of such entry;
(2) the court should have power to fixe the com
mencement date for the running of interest on
the amount of judgment debt on foot of a
judgment pronounced in court—this might be
any date from the accrual of the cause of
action up to the date of pronouncement of
judgment;
(3) the court should have power to direct that
interest on costs should be allowed from the
date of the Taxing Master's cerificate or from
any other particular date specified by the
court in its order;
(4) in the case of a judgment obtained by entry
in the office, the commencement date for
the running of interest on the amount of the
judgment debt should be the date of such
entry, and interest on costs should run from
the same date if the costs are fixed and from
the same date if the costs are fixed costs and
from the date of the Taxing Master's cer
tificate if the costs have to be taxed;
(5) no interest should be allowed on District Court
decrees at first instance;
(6) the power mentioned in recommendations (2)
and (3) should be exercisable by the High
Court and by the Circuit Court whether exer
cising original or appellate jurisdiction and
by the Supreme Court, and
(7) the present position that interest is not pay
able on malicious injury awards should re
main unchanged.
The
implementation of
these recommen
dations will require statutory amendments of
the present position. It seems that the rules
of court in relation to the Supreme Court
or to the High Court and to the Circuit
Circuit Court would also require consequen
tial alteration. The making of provision for
interest on judgment debts may be a matter
to be settled by statute only and may not be
a matter within the competence of the var
ious rule-making bodies.
DEATH DUTIES
Decimal Currency
Inland
Revenue Affidavits,
Estate Duty
Accounts and other Death Duty accounts relating
to the estates of persons dying on or after Deci-
may Day (15th February 1971), must be com
pleted in decimal form.
Where the date of valuation is before 15th
February 1971 (e.g. if the date of death is before
that date or if the account relates to gifts, re
leases, advances or distributions made before that
date) the values of properties or the amounts of
deductions should be shown in the £ s. d. form.
As and from Decilmal Day, all assessments of
death duties will be made in £p whether or not the
Affidavit or Account has been prepared in £p.
In the case of Corrective Affidavits and Cor
rective Accounts delivered after 15th February
1971, amounts of assets and deductions "as pre
viously shown" should be expressed in £p.
It
is
requested
that cheques
forwarded
to
arrive on or after llth February 1971 be made
out in decimal form, as decimal accounting will
commence on that date.
Revenue Commissioners,
Dublin, 2.
185