(1) All funds to be lodged in court on any ledger credit shall, unless required by any enactment to be dealt with in any particular way, be lodged with the Registrar who shall give to the person making the lodgment a receipt in respect thereof.
(2) When it is proposed to lodge in court any securities, movable property, boxes or other effects, the Registrar may make such inspection thereof as he thinks fit, before giving to the person making the lodgment a receipt in respect thereof.
(3) Every receipt given in respect of any lodgment shall be headed with the title of the cause or matter and the title of the ledger account to which the lodgment is referable and shall contain adequate particulars as to such lodgment and shall be as nearly as may be in Form 1 in the Schedule.
(4) Where money is lodged in satisfaction or part satisfaction of any claim either with or without defence setting up tender or denying liability or where the same is lodged to security for costs or under or on account of any judgment or order, the receipt shall contain a statement of such of the following circumstances as are applicable-
(a) paid in on behalf of defendant in satisfaction of claim of the above-named (name of party);
(b) paid in on behalf of defendant against claim of the above-named (name of party) with defence setting up tender;
(c) paid in on behalf of defendant against claim of the above-named (name of party) with defence denying liability;
(d) paid in under order dated the day of 19 ;
(e) paid in to security for costs account on behalf of (name of party);
(f) paid in on account of the judgment or order obtained by (name of party).
(5) Where the funds lodged are money the Registrar shall pay the same to an account to be called the "District Court Suitors' Funds Account" at such bank as the Director of Accounting Services shall direct.