Town and Country Planning Act · s 46

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s 46Application of proceeds

(1)

The proceeds of a sale under section 44(1) shall be applied in the first place in satisfaction of the sum due and costs.

(2)

In the event of there being any surplus remaining, the Planning

Authority shall, if satisfied as to the right of any person claiming the surplus, pay the surplus to that person or, if not so satisfied, shall hold the surplus in trust for the person who ultimately succeeds in due course of law in establishing his title thereto.

(3)

If no title is established to that surplus at the end of 5 years after the date of the sale under section 44(1), the surplus shall be paid into the

Consolidated Fund.