s 11
In forceApplication of proceeds of sale
Schedule 1Control of traffic and conduct on university land
Part 2Traffic control
11 Application of proceeds of sale
(1)
The proceeds of the sale must be applied in the following order—
(a)
in payment of the reasonable expenses incurred in the sale;
(b)
in payment of the reasonable cost of seizing, removing and holding the vehicle;
(c)
if there is an amount owing to an entity under a security interest registered for the vehicle under the Personal Property Securities Act 2009 (Cwlth)—in payment of the amount owing under the security interest;
(d)
in payment of any balance to the owner.
(2)
Compensation is not recoverable against the university for a payment under this section. sch 1 s 11 amd 2010 No. 44 s 80
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