Section 10 Receipts and expenses in respect of property accepted by Commissioners.

This section applies where property is accepted in satisfaction of tax and F1the Secretary of Statehas made a payment in respect of the property under section 8 above.

Any sums received on the disposal of, or of any part of, the property (including any premium, rent or other consideration arising from the leasing, sub-leasing or lending of the property) and any sums otherwise received in connection with the property shall be paid to the Secretary of State.

Any expenses incurred in connection with the property so far as not disposed of under section 9 above, including in the case of leasehold property any rent payable in respect of it, shall be defrayed by the Secretary of State.