Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) If the * Official Trustee is given a direction under section 282 or 282A in relation to property, the Official Trustee must, as soon as practicable after the end of the appeal period under section 285:
(a) to the extent that the property is not money--sell or otherwise dispose of the property; and
(b) apply:
(i) to the extent that the property is money--that money; and
(ii) the amounts received from the sale or disposition of the other property;
in payment of the costs, charges, expenses and remuneration, of the kind referred to in subsection 288(1), incurred or payable in connection with the * restraining order and payable to the Official Trustee under the regulations; and
(c) credit the remainder of the money and amounts received to the * Confiscated Assets Account as required by section 296.
(2) However, if the remainder referred to in paragraph (1)(c) exceeds the * penalty amount, * literary proceeds amount or * unexplained wealth amount (as the case requires), the * Official Trustee must:
(a) credit to the * Confiscated Assets Account as required by section 296 an amount equal to the penalty amount, literary proceeds amount or unexplained wealth amount; and
(b) pay the balance to the person whose property was subject to the * restraining order.