8.— Section 5 of the Act of 1997 is amended—

(a) in subsection (1), by the substitution of “any moneys to be paid into court under a recognisance” for “any recognisance”,

(b) in subsection (2), by the substitution of the following paragraph for paragraph (a):

“(a) Where a court requires payment of moneys into court by a person or any surety as a condition of a recognisance, it may accept as security, in lieu of such payment, any instrument that it considers to be adequate evidence of the title of a person to property (other than land or any estate, right or interest in or over land).”,

and

(c) in subsection (3), by the substitution of “moneys paid” for “recognisance paid”.