South Australian Current Acts South Australian Current Acts73—A person may buy out another person's interest in forfeited property
The Minister must cause an interest in property to be transferred to a person
if—
(a) the
property is forfeited to the Crown under this Division; and
(b) the
interest is required to be transferred to the person under section 71(1)
or 72(1), or under a direction under section 59(2)(c); and
(c) the
person's interest in the property, immediately before the forfeiture, was not
the only interest in the property; and
(d) the
person gives written notice to each other person who had an interest in the
property immediately before the forfeiture that—
(i)
the person intends to purchase that other interest from
the Crown; and
(ii)
the other person may, within 21 days after receiving the
notice, lodge a written objection to the purchase of the interest with the
Minister; and
(e) no
person served with a notice under paragraph (d) in relation to the
interest lodges a written objection under that paragraph; and
(f) the
person pays to the Crown, while the property is still vested in the Crown, an
amount equal to the value of the interest.