Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The GEMS Regulator may dispose of a product given in accordance with subsection 57(1) if:
(a) the GEMS Regulator has taken reasonable steps to return the product to the registrant or a contact person for the registration; and
(b) either:
(i) the GEMS Regulator has been unable to locate both the registrant and any contact person for the registration; or
(ii) if the GEMS Regulator has been able to locate the registrant or any contact person for the registration--any person so located has refused to take possession of the product.
(2) The GEMS Regulator may dispose of the product in such manner as the GEMS Regulator thinks appropriate.
Note: If the operation of this section would result in an acquisition of property otherwise than on just terms, see section 174.