Regulation 17 Application of proceeds of sale
Subject to paragraph (2), the proceeds of sale of any property sold under regulation 14 or 16 shall—
be applied towards meeting expenses incurred by an authorised person exercising functions by virtue of these Regulations in relation to the property in question; and
in so far as they are not so applied, be applied in meeting any claim to the proceeds of sale which is made and established in accordance with paragraph (3).
Where the proceeds of sale of any property sold under regulation 14 or 16 exceed the expenses referred to in paragraph (1)(a) and—
no person has established entitlement to the proceeds of sale of the property; or
a person has established entitlement to the proceeds of sale of the property, but excess proceeds remain once the claim has been satisfied,
the excess proceeds may be applied towards meeting expenses incurred by any authorised person exercising functions in relation to any other property detained by virtue of regulation 3.
For the purposes of paragraph (1), a claim to the proceeds of sale of any property is established if—
the claim is made not later than one year after the date on which the property was sold; and
the authorised person is satisfied that—
if the property consists of a vehicle, the person making the claim was the owner of the vehicle immediately before it was sold by virtue of regulation 14; or
if the property consists of contents, the person making the claim would, had the person made an appropriate claim at the prescribed time, have been entitled to the return of the property by virtue of regulation 15.
Where the conditions specified in paragraph (3) are fulfilled, there shall be payable to the person making the claim by the authorised person a sum calculated in accordance with paragraph (5).
The sum payable under paragraph (4) shall be calculated by deducting from the proceeds of sale the expenses incurred by the authorised person in exercising functions under these Regulations, including the detention, removal, storage and disposal of the property.