Victorian Numbered Acts

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INFRINGEMENTS ACT 2006 (NO 12 OF 2006) - SECT 104

Application of proceeds of sale

If a motor vehicle or item is sold under section 101 the proceeds of sale are to be applied in the following order of priority—

        (a)     to pay the costs of the sale;

        (b)     to pay any costs of detention, immobilisation, seizure or impoundment under this Part;

        (c)     to discharge any security interest over the motor vehicle;

        (d)     to pay the amount outstanding under the infringement warrant;

        (e)     to pay any amount remaining to—

              (i)     the registered operator; or

              (ii)     if the registered operator is not entitled to the amount, any other person entitled, at the time the motor vehicle was detained or immobilised, to possession of the motor vehicle; or

              (iii)     if the persons referred to in sub-paragraphs (i) or (ii) cannot be located after reasonable inquiries, deal with the balance in accordance with the Unclaimed Moneys Act 1962 .

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