South Australian Current Acts

CRIMINAL ASSETS CONFISCATION ACT 2005 - SECT 198

198—Preserving controlled property

The Administrator may do anything that is reasonably necessary for the purpose of preserving the controlled property, including—

            (a)         becoming a party to any civil proceedings affecting the property; and

            (b)         ensuring that the property is insured; and

            (c)         realising or otherwise dealing with any of the property that is securities or investments; and

            (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.