134ASeizure and disposal of unsafe vessels

134A Seizure and disposal of unsafe vessels

134A Seizure and disposal of unsafe vessels

(1) For the Act, section 48(1)(b)(iii), if the Minister considers seizure and disposal reasonable in the circumstances, the vessel may be—

(a) destroyed, or

(b) sold, if the vessel is first repaired or otherwise made safe, or

(c) otherwise disposed of.

(2) The proceeds of a sale must be used to meet the reasonable costs and expenses incurred by the Minister in—

(a) repairing or otherwise making the vessel safe, and

(b) selling the vessel.

(3) The proceeds of a sale remaining after meeting the Minister’s reasonable costs must, following a written application from the former owner, be paid to the former owner.

(4) In this clause—

former owner means the person who owned the vessel immediately before the sale of the vessel by the Minister.

vessel includes a former vessel.

cl 134A: Ins 2025 (613), Sch 1[32].