Northern Territory Consolidated Regulations

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TRAFFIC REGULATIONS - REG 69

Proceeds of sale

    (1)     All money received from selling or disposing of a vehicle under this Part is to be applied in paying, in the following order:

        (a)     the costs incurred by the competent authority in selling or disposing of the vehicle;

        (b)     the costs of removing and storing the vehicle;

        (c)     the costs of serving or publishing the notice under regulation 65.

    (2)     The residue of the money, if any, is to be paid, on demand, to the owner of the vehicle immediately before its sale or disposal.

    (3)     If, after 6 months after a vehicle is sold or disposed of, any money from the sale or disposal remains in the possession of the competent authority and is unclaimed by the owner of the vehicle or any person claiming through the owner, the money becomes the property of the competent authority.

    (4)     A sale or disposal of a vehicle under this Part is valid against all persons.



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