IMPOUNDING OF LIVESTOCK ACT 1994 - SECT 24H Sale of unclaimed horse by lien holder
IMPOUNDING OF LIVESTOCK ACT 1994 - SECT 24H
Sale of unclaimed horse by lien holder(1) If a person holding a lien sells the horse that is the subject of the lien, the person may retain from the proceeds of the sale the amounts specified in sections 24D(a), 24D(b) and 24D(c).
(2) The person must pay any remaining proceeds of the sale to the owner of the horse or, if the owner cannot be found, to the Consolidated Fund.
(3) If the sale of the horse does not realise the full amount owing to the person, the person may sue the owner of the horse for the remaining amount.
(4) The person must keep all records of the sale for 2 years.
(5) A person holding a lien must not buy a horse that the person has offered for sale under this Part.
S. 24I inserted by No. 69/2004 s. 45.