High value uncollected goods
16 High value uncollected goods
A receiver may dispose of high value uncollected goods if:
(a) subject to section 31, the receiver has given written notice of the receiver's intention to dispose of the goods to the following:
the provider;
the owner of the goods;
any other person having or claiming an interest in the goods;
the Commissioner of Police;
(b) 3 months have elapsed since giving the notice and the provider has not taken delivery of the goods or given directions as to their delivery; and
(c) 28 days prior to the disposal of the goods, a copy of the notice referred to in paragraph (a) has been published in a daily newspaper circulating generally in the Territory.
(2) Goods must be disposed of under this section by public auction or by private sale at a fair price.
This Act’s bill:Second reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.