(1) The contents of a safe deposit box delivered to the Minister under section 170(2) may be sold at public auction by the Minister after the expiration of 60 days from the later date of publication or mailing required by section 168(4) following such advertisement of the sale as the Minister on the recommendation of the Central Bank, may prescribe.
(2) Any purchaser shall receive title to the property free from all claims of the owner or prior holder and from all persons claiming through or under him.