sec.204Landholder or subsidiary may recover proceeds of sale as debt

### sec.204 Landholder or subsidiary may recover proceeds of sale as debt The amount equal to the proceeds of the sale of land under the order less an amount paid under section 202 (d) is a debt payable to the entity or subsidiary that previously owned the land by the persons liable to pay the landholder duty for which the order was made. The entity or subsidiary may recover the debt in a court of competent jurisdiction. s 204 amd 2011 No. 20 s 120 ; 2013 No. 28 s 51 sch 2 (sec.204-ssec.1) The amount equal to the proceeds of the sale of land under the order less an amount paid under section 202 (d) is a debt payable to the entity or subsidiary that previously owned the land by the persons liable to pay the landholder duty for which the order was made. (sec.204-ssec.2) The entity or subsidiary may recover the debt in a court of competent jurisdiction.