Paragraph 16 F1

(1)

Regulations must provide for the proceeds of sale of any property sold under regulations made by virtue of paragraph 11(b), 13 or 14(1)(b) above—

(a)

to be applied towards meeting expenses incurred by any authorised person in exercising functions by virtue of this Schedule; and

(b)

in so far as they are not so applied, to be applied in such other manner as may be prescribed.

(2)

Regulations may in particular provide for a sum determined in accordance with the regulations to be paid to a person if—

(a)

the person claims, after the sale of property under regulations made by virtue of paragraph 11(b), 13 or 14(1)(b) above, to be or to have been its owner;

(b)

the claim is made within a prescribed time of the sale; and

(c)

any other prescribed conditions are fulfilled.

Annotations

Textual amendments

F1: Sch. 2A inserted (26.11.2008 for specified purposes, 9.2.2009 in so far as not already in force) by Local Transport Act 2008 (c. 26), s. 134(1)(c)(4), Sch. 3; S.I. 2009/107, art. 2(1), Sch. 1 Pt. 1