Commonwealth Consolidated Acts

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PROCEEDS OF CRIME ACT 2002 - SECT 278

Destroying or disposing of property

  (1)   The * Official Trustee may destroy the * controlled property if:

  (a)   it is in the public interest to do so; or

  (b)   it is required for the health or safety of the public.

  (2)   The * Official Trustee may dispose of the * controlled property, by sale or other means:

  (a)   with the written agreement of all parties with an * interest in the property; or

  (b)   if the property is likely to lose value in the opinion of the Official Trustee; or

  (c)   if, in the Official Trustee's opinion, the cost of controlling the property until the Official Trustee finally deals with it is likely to exceed, or represent a significant proportion of, the value of the property when it is finally dealt with; or

  (d)   if, in the opinion of the Official Trustee, the disposal of the property or part of the property is necessary to pay, under Part   4 - 2, a * legal aid commission's costs.



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