https://www.taxtmi.com/acts?id=12205 The amendment to section 150(2) of the Customs Act provides that where the balance of sale proceeds cannot be paid to the owner within six months of sale, or within any further period allowed by the Commissioner of Customs, that balance shall be paid to the Central Government, establishing a statutory fallback for undistributable sale proceeds and vesting extension authority in the Commissioner. en-us Sat, 09 Apr 2011 14:50:35 +0530 Sun, 10 Apr 2011 10:27:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12205 The amendment to section 150(2) of the Customs Act provides that where the balance of sale proceeds cannot be paid to the owner within six months of sale, or within any further period allowed by the Commissioner of Customs, that balance shall be paid to the Central Government, establishing a statutory fallback for undistributable sale proceeds and vesting extension authority in the Commissioner. Act-Rules F. Acts / Amendment Acts Sat, 09 Apr 2011 14:50:35 +0530 https://www.taxtmi.com/acts?id=12205