Queensland Consolidated Regulations

HEAVY VEHICLE (GENERAL) NATIONAL REGULATION - REG 35

35 Application of proceeds of disposal

(1) This section applies—

(a) for the purposes of section 566 (b) of the Law; and

(b) subject to sections 564 (5) and 565(8) and (9) of the Law.

(2) The proceeds of the disposal of a thing or sample under Division 3 of Part 9.4 of the Law are to be applied in payment of—

(a) first—the Regulator’s expenses—

(i) of disposal, including of retention for disposal; and

(ii) of searching any register for a relevant purpose, including to give notice of forfeiture or to find out if any action has to be taken in relation to the register; and

(b) second, if there is an amount owing to the holder of a registered interest—the amount owing to the holder; and

(c) last—the balance to the person who was the owner of the thing or sample before it became the property of the Regulator.