(1)  Any money received by the Recorder or by the Treasurer, in trust or otherwise, on account of absentee mortgagees or other persons entitled under this Act, shall be paid into the Public Account.

(2)  Any money paid into the Public Account pursuant to subsection (1) shall, on the receipt of a requisition from the Recorder and with the approval of the Treasurer, be paid to any person entitled to that money under this Act.

(3)  The Public Account is, by force of this subsection, appropriated to such extent as may be necessary to give effect to subsection (2) .