Application of proceeds of realisation and other sums

(1) Subject to sub-section (2), any sums in the hands of a receiver appointed under section 39 or 40, shall, after the payments, if any, as the court may direct have been made out of those sums, be applied on the defendant’s behalf towards the satisfaction of a forfeiture order made against that defendant. (2) If after the amount recoverable under a forfeiture order has been fully paid, any sums remaining in the hands of a receiver, the receiver shall distribute those sums– (a) among those who held property which has been realised; and (b) in the proportions, as the court may direct after giving a reasonable opportunity for the persons to make representations to the court. 62