Document ID: chunk:federal_register_of_legislation:F2024C00952:reg:8:p91
Version: federal_register_of_legislation:F2024C00952
Segment Type: reg
Provision Reference: reg 8 (pt 91/100)
Character Range: 277435–280033

and paid any costs or expenses in relation to the vehicle's removal, relocation and storage.
 (2) If a vehicle has been an unclaimed vehicle for longer than 3 months, the maritime industry participant that controls the maritime security zone from which the vehicle was removed may sell or otherwise dispose of the vehicle as provided in this regulation.
 (3) Not less than 3 months after the vehicle was removed from the zone, the participant must publish a notice in a newspaper circulating generally in the State or Territory in which the zone is located:
 (a) describing the vehicle and the place and zone from which it was removed; and
 (b) stating that:
 (i) the vehicle has been removed, relocated or stored (as the case may be); and
 (ii) the owner must pay the costs of removal, relocation or storage to the participant; and
 (iii) if the costs are not paid within 14 days of the publication, the vehicle may be sold or otherwise disposed of; and
 (c) setting out how the costs may be paid.
 (4) If, more than 14 days after the publication of the notice, the owner of the vehicle has not:
 (a) recovered the vehicle; and
 (b) paid to the participant an amount equal to the costs of the vehicle's removal, relocation or storage to the participant;
the participant:
 (c) if the vehicle is saleable—must sell the vehicle at a price that is reasonable under the circumstances; or
 (d) otherwise—may dispose of the vehicle by another means.
 (5) If the vehicle is sold:
 (a) the participant may retain from the sale proceeds an amount equal to the reasonable costs of removal, relocation or storage of the vehicle; and
 (b) any amount of the proceeds remaining after the retention is a debt due to the Commonwealth, payable by 14 July immediately following the financial year in which the vehicle was sold.

8.58  Disposal of removed vessels (Act s 163E)
 (1) For this regulation, a vessel is an unclaimed vessel if:
 (a) the vessel has been removed from a maritime security zone under section 163E of the Act; and
 (b) the owner of the vessel has not claimed the vessel and paid any costs or expenses in relation to the vessel's removal, relocation and storage.
 (2) If a vessel has been an unclaimed vessel for longer than 3 months, the maritime industry participant that controls the maritime security zone from which the vessel was removed may sell or otherwise dispose of the vessel as provided in this regulation.
 (3) Not less than 3 months after the vessel was removed from the zone, the participant must publish a notice in a newspaper circulating generally in the State or Territory in