V-3 - Act respecting the sale of unclaimed goods

Section 4 Disposition versions

1977-12-31

4. Immediately after twelve months from the date of such advertisement, the person in whose custody they are shall cause them to be sold by public auction, and shall forthwith cause the proceeds of such sale, after deducting the charges and expenses, to be paid to the Minister of Finance.

Such person, at the same time, shall deposit a separate account of sales for each package, which statement shall remain in the office of the Minister of Finance, subject to all further just claims for any part of the proceeds of such sale.

Any person whose goods have been so sold, and the proceeds of the sale paid over to the Minister of Finance, shall receive the amount of such proceeds from the Minister of Finance, upon a warrant to be issued by the Lieutenant-Governor, after sufficient proof that the person claiming is entitled to the same.

R. S. 1964, c. 316, s. 4.