(1) The ^* Official Trustee may destroy the ^* controlled property if:

(a)

it is in the public interest to do so; or

(b)

it is required for the health or safety of the public.

(2) The ^* Official Trustee may dispose of the ^* controlled property, by sale or other means:

(a)

with the agreement of all parties with an ^* interest in the property; or

(b)

if the property is likely to lose value in the opinion of the Official Trustee; or

(c)

if, in the Official Trustee's opinion, the cost of controlling the property until the Official Trustee finally deals with it is likely to exceed, or represent a significant proportion of, the value of the property when it is finally dealt with.