s.32Mode of sale of goods in King's Warehouse and disposal of proceeds of sale
32
Section 32Part 3 — CONTROL OF VESSELS AND GOODS

Mode of sale of goods in King's Warehouse and disposal of proceeds of sale

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Non-perishable goods sold from the King's Warehouse under section 31 may be sold by auction or tender at the direction of the Director and such goods, if of an exceptional nature, may be sold by private treaty.
The Director may, for the purpose of securing favourable marketability, postpone the sale of goods under subsection (1).
The balance, if any, of the proceeds of sale under subsection (1) shall, after the deduction of duty, removal expenses, storage charges, expenses of sale, freight and penalties, if any, in that order, be paid to any person claiming the same and proving themselves entitled thereto and, after six months from sale, in default of any such claim, shall be appropriated to general revenue account.

Defined Terms

King's Warehousenon-perishable goodsauctiontenderprivate treaty

Cross References

Referenced By