Account at bank and custody of documents

14. (1) Subject to the provisions of paragraph (7) of this Rule, when a guardian is appointed a separate account for receipts and payments on behalf of the trust must be kept in the name of the guardian at some bank approved by the Court.

(2) All title deeds and all certificates and other documents which are evidence of the title of the guardian to any of the trust property shall be deposited either with that bank or in such other custody as the Court directs.

(3) The deeds or documents are so deposited to allow any person authorised by the Registrar of the Court in wirting to inspect them during business hours.

(4) The guardian must deposit with the Court a list of all deeds or documents deposited in any custody in prusuance of this Rule and must give information to the Court from time to time of any variation to be made in the list.

(5) The guardian must, if at any time directed by the Court, give an order to the bank at which the trust account is kept not to pay at any one time any sum over a specified amount out of the trust account except n an order countersigned by the Registrar of the Court.

(6) The Court may give such directios to the guardian as may in the opinion of the Court be necessary or expedient for carrying ths Rule inot effect, and for securing the safety of the infant’s property.

(7) Where compliance with the provisions of this Rule would cause special inconvenience or hardship, the Chief Justice in respect of any particular class of trust properties, or a President of a District Court in respect of an particular trust property may, by direction, exempt the guardian of such property or properties from compliance with all or any of the provisions of this Rule.