The Minister must arrange for an ^* interest in property to be transferred to a person (the purchaser ) if:

(a)

the property is forfeited to the Commonwealth under this Part; and

(b)

the interest is required to be transferred to the purchaser under subsection 88(1) or 89(1), or under a direction under paragraph 73(2)(c); and

(c)

the purchaser's interest in the property, immediately before the forfeiture took place, was not the only interest in the property; and

(d)

the purchaser gives written notice to each other person who had an interest in the property immediately before the forfeiture took place that:

(i)

the purchaser intends to purchase that other interest from the Commonwealth; and

(ii)

the person served with the notice may, within 21 days after receiving the notice, lodge a written objection to the purchase of that interest with the Minister; and

(e)

no person served with notice under paragraph (d) in relation to that interest lodges a written objection to the purchase of that interest with the Minister within the period referred to in that paragraph; and

(f)

the purchaser pays to the Commonwealth, while that interest is still vested in the Commonwealth, an amount equal to the value of that interest.