Malaysia legislation

Section 78C

of *CUSTOMS ACT 1967

Section 78C

(2)

Any proceeds from the disposal of the goods under subsection (1) shall be applied to the payment of customs duties or other moneys, or recovery of any amount or charges which may be due in respect of the disposal of such goods.

(3)

Any surplus of the proceeds referred to under subsection (2), if any, shall be paid—

(a)

to the importer, if known; and

(b)

into the Consolidated Fund, if the importer cannot be found within one month of the disposal.

Declarations to give a full and true account

Read in full context — *CUSTOMS ACT 1967 →