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Proceeds of Crime Act 2002
276Preserving controlled property
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276 Preserving controlled property
The *Official Trustee may do anything that is reasonably necessary for the purpose of preserving the *controlled property, including the following: (a) becoming a party to any civil proceedings affecting the property; (b) ensuring that the property is insured; (c) realising or otherwise dealing with any of the property that is securities or investments; (d) if any of the property is a business: (i) employing, or terminating the employment of, persons in the business; or (ii) doing anything necessary or convenient to carry on the business on a sound commercial basis.