Unclaimed wreck

If no owner establishes his claim to wreck found at any place before the expiration of a year from the date at which it has come into the hands of the Receiver, and no person other than the Government is proved to be entitled to such wreck, the Receiver shall forthwith sell it, and after payment of all expenses attending the sale, and deducting there from his fees, and all expenses, if any, incurred by him, and paying to the salvagers such amount of salvage as the Harbour Master may in each case or by any general rule determine, pay it into the Consolidated Revenue Fund.