Document ID: chunk:federal_register_of_legislation:C2025C00034:section:276
Version: federal_register_of_legislation:C2025C00034
Segment Type: section
Provision Reference: s 276
Character Range: 443605–444223

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.