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5.—(1) Subject to paragraph (2), after the expiration of the relevant period referred to in regulation 4, property to which these Regulations apply other than money may be sold.
(2) Where the property is a perishable article or its custody involves unreasonable expense or inconvenience it may be sold at any time.
(3) Subject to paragraph (4), the proceeds of all sales under these Regulations shall be paid into the Consolidated Fund as soon as is reasonably practicable.
(4) The Secretary of State may apply the proceeds of all sales under these Regulations, and any money which is property to which these Regulations apply, to defray reasonable expenses incurred in the conveyance, storage, and safe custody of the property and in connection with its sale and otherwise in acting pursuant to these Regulations.
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