(1)If the person entitled to the property referred to²⁰²¹mentioned²⁰²¹ in section 370 is known, the Magistrate’s Court²⁰¹⁸relevant court²⁰¹⁸ must cause a notice to be served on that person instructing him²⁰²¹that person²⁰²¹ to take delivery of the property within the period specified in the notice which must be at least 48 hours after the date of service of the notice.

(2)Section 116 shall apply²⁰²¹applies²⁰²¹ as nearly as may be practicable to the procedure governing the service of the notice referred to²⁰²¹mentioned²⁰²¹ in subsection (1) as if a summons were a notice.

(3)If the person entitled to the property referred to²⁰²¹mentioned²⁰²¹ in section 370 fails to take delivery of the property within the period specified in the notice referred to²⁰²¹mentioned²⁰²¹ in subsection (1), the Magistrate’s Court²⁰¹⁸relevant court²⁰¹⁸ may, after one month from the expiry of that period, cause the property to be sold.

(4)Notwithstanding²⁰²¹Despite²⁰²¹ the other provisions in this section, if the property is perishable or if, in the opinion of the Magistrate’s Court²⁰¹⁸relevant court²⁰¹⁸, its value is less than $500, the Magistrate’s Court²⁰¹⁸relevant court²⁰¹⁸ may cause the property to be sold at any time.