(1)Before making any order required under section 57, the High Court shall cause notice of the intention to do so to be notified at the expense of the person applying for the order in the Gazette and shall appoint a time within which any person interested may show cause against the order being made.

(2)After the expiration of the time appointed under subsection (1), the High Court may give directions for the transfer of such land or lease to any new proprietor or proprietors solely or jointly with or in the place of any existing proprietor or proprietors or make such order in the premises as is just for the protection of any persons beneficially interested in the property or in the proceeds of the property; and on that order being deposited with the Registrar, he or she shall make such entries and perform such acts for giving effect to the order as the provisions of this Act render necessary.