sec.128Application of proceeds of sale

### sec.128 Application of proceeds of sale The proceeds of the sale of a vehicle, load or other thing under section 127 must be applied in the following order— in payment of the expenses of the sale; in payment of the moving expenses and giving notice under section 126 ; if there is an amount owing to an entity under a security interest registered for the vehicle, load or other thing under the Personal Property Securities Act 2009 (Cwlth) —in payment of the amount owing under the security interest; in payment of any balance to the owner. Compensation is not recoverable against the State for a payment under this section. s 128 prev s 128 amd 2004 No. 8 s 31 om 2005 No. 45 s 6 pres s 128 ins 2005 No. 64 s 14 amd 2008 No. 67 s 210 ; 2010 No. 44 s 192 (sec.128-ssec.1) The proceeds of the sale of a vehicle, load or other thing under section 127 must be applied in the following order— in payment of the expenses of the sale; in payment of the moving expenses and giving notice under section 126 ; if there is an amount owing to an entity under a security interest registered for the vehicle, load or other thing under the Personal Property Securities Act 2009 (Cwlth) —in payment of the amount owing under the security interest; in payment of any balance to the owner. (sec.128-ssec.2) Compensation is not recoverable against the State for a payment under this section. - (a) in payment of the expenses of the sale; - (b) in payment of the moving expenses and giving notice under section 126 ; - (c) if there is an amount owing to an entity under a security interest registered for the vehicle, load or other thing 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.