Regulation 18
Forfeiture of deposit
of Property Tax (Collection and Recovery) Regulations
Subsidiary LegislationIn forceProvision 18 of 22
Regulation 18
In default of payment within the period mentioned in regulation 17, the deposit shall be forfeited to the Comptroller and the property shall be resold, and the defaulting purchaser shall forfeit all claim to the property, or to any part of the sum for which it is subsequently sold.