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CRIMINAL ASSETS RECOVERY ACT 1990 - SECT 21E
Commission may order sale during dispute period
(1) The Commission may, during the dispute period of an
assets forfeiture notice, direct the person or investigative agency in
possession of the property to which the notice relates to sell an interest in
the property if-- (a) the property is subject to waste or substantial loss of
value, or
(b) in the opinion of the NSW Trustee and Guardian, the cost of
controlling the interest during the dispute period would exceed the value of
the interest, or
(c) the retention of the property would constitute a danger
to-- (i) public health and safety, or
(ii) the health of other animals,
plants or agricultural produce because the property is a live animal, or
(iii) public health because the property is perishable or a live animal.
(2)
The proceeds of the sale of an interest in the property must be held by the
person or investigative agency until-- (a) the forfeiture occurs, or
(b) the
property is required to be returned under this Division.
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