New South Wales Consolidated Acts

UNCOLLECTED GOODS ACT 1995 - SECT 22

22 Goods of between $500 and $5,000 in value

(1) A bailee may dispose of uncollected goods whose value is less than $5,000 (but not less than $500), 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 6 months, from the date when notice was given, within which to collect the goods,

and if a copy of the notice has, at least 28 days before the goods are disposed of, been published in a daily newspaper circulating generally throughout New South Wales.

(2) Uncollected goods may not be disposed of under this section otherwise than by way of public auction.