sec.187Procedure if seized property, structures, works or things are not claimed or are of little value

### sec.187 Procedure if seized property, structures, works or things are not claimed or are of little value If the owner of seized property, a structure, works or thing does not claim it within 2 months after the notice mentioned in section 185 (2) or (3) (a) is given, the chief executive may sell it in the way the chief executive considers will best realise its market value. Before selling the property, structure, works or thing, the chief executive must publish a notice in a newspaper circulating generally in the State— identifying the property, structure, works or thing; and stating how and when it is to be sold. The time when the property, structure, works or thing may be sold must not be less than 20 business days after the notice is published. If the property, structure, works or thing is not sold, the chief executive may dispose of it in the way the chief executive considers appropriate. Also, if the chief executive reasonably believes the property, structure, works or thing has a market value of not more than $500, the chief executive may— sell it in the way the chief executive considers will best realise its market value; or if the chief executive considers the cost of selling it would exceed its market value—otherwise dispose of it. Compensation is not payable in relation to a sale or disposal under this section. (sec.187-ssec.1) If the owner of seized property, a structure, works or thing does not claim it within 2 months after the notice mentioned in section 185 (2) or (3) (a) is given, the chief executive may sell it in the way the chief executive considers will best realise its market value. (sec.187-ssec.2) Before selling the property, structure, works or thing, the chief executive must publish a notice in a newspaper circulating generally in the State— identifying the property, structure, works or thing; and stating how and when it is to be sold. (sec.187-ssec.3) The time when the property, structure, works or thing may be sold must not be less than 20 business days after the notice is published. (sec.187-ssec.4) If the property, structure, works or thing is not sold, the chief executive may dispose of it in the way the chief executive considers appropriate. (sec.187-ssec.5) Also, if the chief executive reasonably believes the property, structure, works or thing has a market value of not more than $500, the chief executive may— sell it in the way the chief executive considers will best realise its market value; or if the chief executive considers the cost of selling it would exceed its market value—otherwise dispose of it. (sec.187-ssec.6) Compensation is not payable in relation to a sale or disposal under this section. - (a) identifying the property, structure, works or thing; and - (b) stating how and when it is to be sold. - (a) sell it in the way the chief executive considers will best realise its market value; or - (b) if the chief executive considers the cost of selling it would exceed its market value—otherwise dispose of it.