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(1) The trustee shall after the termination of a scheme realize the assets and after the payment from that scheme of the liabilities and costs of the winding up, distribute the proceeds of the realization to the manager and die investors on the production by die manager and investors of evidence as to the proportion of their entitlement or interest in the scheme.

(2) The trustee shall pay into court any unclaimed net proceeds or other cash held by the trustee after the expiration of twelve months after the day on which the net proceeds became payable.

(3) The trustee may deduct the reasonable expenses incurred by the trustee in making that payment into court from the unclaimed net proceeds.

(4) The trustee shall notify the Commission after die completion of the winding up.