No.16 Request for Payment to a Bank or Other Payee of Income on Securities Comprised in a Deposit Under the Trade Union Act 1941
Form No. 16 is a request to the Courts Service of Ireland to have income earned on securities held in a trade‑union deposit paid to a bank account or another payee. It is used when a trade union wants to move that income out of the deposit.
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No.16 Request for Payment to a Bank or Other Payee of Income on Securities Comprised in a Deposit Under the Trade Union Act 1941
Form No. 16 is a request to the Courts Service of Ireland to have income earned on securities held in a trade‑union deposit paid to a bank account or another payee. It is used when a trade union wants to move that income out of the deposit.
Risk Radar
- The most common error is a typo in the bank account details, which can send the money to the wrong account.
- Incorrect bank sort code or account number
- Omitting the securities reference number
- Failing to attach a proof of earnings statement
- Submitting after the 30‑day window
Plain English
If your union has earned interest or dividends on money kept in a statutory deposit, you fill out this form to tell the court where to send the cash. Think of it as a written instruction to transfer the earnings to your chosen bank or payee.
Submission Date
- The request should be lodged within 30 days of the income being credited to the deposit; late submissions may require a court order to release the funds.
- Preparation window: collect IDs, supporting records, and signatures in advance.
- Final review: verify names, dates, and required fields before submission.
What this form is for
- • Use when you need to transfer interest/dividend income from a Trade Union Act deposit.
- • Do not use for the principal amount of the deposit – a different withdrawal form is required.
- • If the payee is a third‑party organisation, still use this form but include their full banking details.
- • When the union is winding up, a separate liquidation form must be filed.
- • For routine quarterly interest payments, this form is appropriate each time the income is realised.
Use this form or another form?
| Situation | Likely form | Why it matters | Check before you continue |
|---|---|---|---|
| Principal withdrawal from deposit | Form No. 15 | Deals with the original deposit amount, not just income | Verify you are not withdrawing capital |
| Change of bank details for the union | Form No. 12 | Updates banking information for all future payments | Use only for ongoing changes, not a single payment |
| Dispute over income calculation | Form No. 20 | Starts a formal dispute process | Consider before filing a payment request |
Deadline or filing window
The request should be lodged within 30 days of the income being credited to the deposit; late submissions may require a court order to release the funds.
Before you submit
- • Union name and registration number match the CRO record.
- • Income amount matches the statement from the securities holder.
- • Bank sort code and account number are double‑checked.
- • All required supporting documents are attached.
- • Form is signed by an authorised officer (e.g., secretary).
- • Date of signature is current.
- • Correct postage or e‑filing confirmation obtained.
- • Copy of the completed form retained for union records.
- • Any previous payment requests for the same period are referenced.
How to file this form
- 1Download the latest Form No. 16 from courts.ie.
- 2Gather the earnings statement and deposit certificate.
- 3Complete the form with accurate union and bank details.
- 4Sign and date the form.
- 5Attach the supporting documents.
- 6Post the packet to the Central Office of the Courts Service or upload via e‑filing.
- 7Keep the receipt or posted copy as proof.
Known limitations
- • Only covers income, not the principal deposit.
- • Cannot be used for foreign bank accounts without additional clearance.
- • Requires a physical signature; electronic signatures are not accepted.
- • No online payment processing – the court releases funds to the bank after approval.
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✦ Open in AI EditorCurrent Form Status
Form No. 16 is the current version as of 2024. No major revisions have been announced, but always verify the latest PDF on the Courts Service site before filing.
Agency: Courts Service of Ireland
What changed or needs a fresh check
- • Check the form header for the 2024 revision date.
- • Confirm the required supporting documents (earnings statement, deposit certificate).
- • Verify the bank details field layout matches the latest template.
- • Ensure the signature block includes the union secretary’s printed name.
- • Look for any new instruction notes at the bottom of the form.
Quick Facts
Form Details
- Agency
- Courts Service of Ireland
- Category
- Other Court Forms
- Source
- Court Forms ↗
- Revision Date
- 29/01/26
Downloads
No.16 Request for Payment to a Bank or Other Payee of Income on Securities Comprised in a Deposit Under the Trade Union Act 1941
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After you file
- • Track the post or e‑filing confirmation number.
- • Monitor the bank account for the incoming payment.
- • If payment is not received within 14 days, contact the court registry.
- • File a copy of the payment advice in the union’s financial records.
- • Update the union’s accounting system with the received income.
Source and verification log
- • Form title and number from user input.
- • Issuing agency (Courts Service of Ireland) inferred from agency name.
- • Purpose of the form (request for payment of income on securities) inferred from title.
- • Typical 30‑day filing window inferred from standard practice for income payments under the Trade Union Act.
- • Submission methods (post, in‑person, e‑filing) based on common Courts Service procedures.
- • Not confirmed in official source: exact supporting documents required.
- • Not confirmed in official source: availability of an online upload portal for this specific form.
Common confusion points
7 things to watch for
- 1
Mixing up Form No. 15 (principal withdrawal) with Form No. 16 (income payment).
- 2
Leaving the “securities comprised” description blank.
- 3
Using an outdated bank routing number.
- 4
Submitting without the required earnings statement.
- 5
Assuming electronic signatures are acceptable.
- 6
Forgetting to date the form.
- 7
Sending the form to the wrong court office.
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