Australian Capital Territory Numbered Acts

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STOCK ACT 2005 (NO. 19 OF 2005) - SECT 38

Release of impounded stock

    (1)     The chief executive must release impounded stock to a person if—

        (a)     the chief executive is satisfied that the person is the owner of the stock; and

        (b)     the person has paid the fees payable for maintaining or travelling the stock.

    (2)     Fees payable for maintaining impounded stock are payable to—

        (a)     for any period when the chief executive maintains the stock— the Territory; and

        (b)     for any period when someone else maintains the stock—the person.

    (3)     Fees payable for travelling impounded stock are payable to—

        (a)     if the chief executive travels the stock—the Territory; and

        (b)     if someone else who has impounded the stock travels the stock—the person.



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