719What if the purchase money is less than the amounts owing?

#### 719 What if the purchase money is less than the amounts owing? 719 What if the purchase money is less than the amounts owing? > If the purchase money is insufficient to satisfy all rates, charges and debts referred to in section 718(b)— > > > (a) the amount available is to be divided between the rates, charges and debts in proportion to the amounts owing on each, and > > > (b) the rates, charges and debts are taken to have been fully satisfied.