[F1Proceeds of saleE+W+S
Textual Amendments
F1Sch. 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
16(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—E+W+S
(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.]