Regulation 20 Proceeds of sale
Subject to paragraph (2), the proceeds of sale of any property sold under regulation 16 or 18 must—
be applied towards meeting expenses incurred by any 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 16 or 18 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, or any personal effects remaining on a vehicle so detained.
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 16; or
if the property consists of contents or personal effects, the person making the claim would, had the person made an appropriate application at the prescribed time, have been entitled to the return of the property by virtue of regulation 17.
Where the conditions specified in paragraph (3) are satisfied, the authorised person must pay the person a sum calculated in accordance with paragraph (5).
Any sum payable under paragraph (4) is to be calculated by deducting from the proceeds of sale the expenses incurred by the authorised person in exercising functions under these Regulations in relation to the property, including for the detention, removal, storage and sale of the property.