Application of proceeds
41.—(1)  The proceeds of a sale under section 39(1) shall be applied in the first place in satisfaction of the arrears together with interest thereon at the rate of 6% per annum and costs.
(2)  Where there is any surplus remaining thereafter, the Comptroller shall, if satisfied as to the right of any person claiming the surplus, pay the amount thereof to the person or, if not so satisfied, shall hold the amount in trust for the person who may ultimately succeed in due course of law in establishing his title thereto.
(3)  If no title is established to such surplus within a period of 5 years from the date of the sale, it shall be paid into the Consolidated Fund.