Commonwealth Consolidated Acts Commonwealth Consolidated ActsThe * Official Trustee may do anything that is reasonably necessary for the purpose of preserving the * controlled property, including the following:
(a) becoming a party to any civil proceedings affecting the property;
(b) ensuring that the property is insured;
(c) realising or otherwise dealing with any of the property that is securities or investments;
(d) if any of the property is a business:
(i) employing, or terminating the employment of, persons in the business; or
(ii) doing anything necessary or convenient to carry on the business on a sound commercial basis.