New South Wales Consolidated Acts

UNCOLLECTED GOODS ACT 1995 - SECT 21

21 Goods of between $100 and $500 in value

(1) A bailee may dispose of uncollected goods whose value is less than $500 (but not less than $100), if the bailor, the owner of the goods and each person having or claiming an interest in the goods:

(a) have been given written notice of the bailee’s intention to dispose of the goods, and

(b) have been given at least 3 months, from the date when notice was given, within which to collect the goods.

(2) Uncollected goods may not be disposed of under this section otherwise than by way of public auction or by private sale for a fair value.