South Australian Numbered Acts

CRIMINAL ASSETS CONFISCATION ACT 2005 (NO 19 OF 2005) - SECT 200

200—Destroying or disposing of property

        (1)         The Administrator may destroy 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 Administrator may dispose of 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 Administrator; or

            (c)         if, in the Administrator’s opinion, the cost of controlling the property until the Administrator 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.

        (3)         However, before destroying or disposing of property under this section, the Administrator must (not less than 14 days before the proposed destruction or sale) give written notice of the proposed destruction or disposal to—

            (a)         the owner of the controlled property; and

            (b)         any other person whom the Administrator has reason to believe may have an interest in the property.