160Management of restrained property or forfeited property

160 Management of restrained property or forfeited property

[Section 160 Inserted by No. 60 of 2013, s. 12, Applied:01 Mar 2014]

(1)  The Public Trustee has responsibility for the control and management of –

(a) restrained property, unless the Supreme Court otherwise orders under section 121(b) or section 162(2) ; and

(b) forfeited property until it is disposed of.

(2)  The Public Trustee may appoint a person to manage property that the Public Trustee has control or management of by virtue of this section.