South Australian Consolidated Acts7—Seizure and sale of property
(1) The court may, on
application by a judgment creditor, issue a warrant of sale authorising
seizure and sale of a judgment debtor's real or personal property (or both) to
satisfy a monetary judgment.
(2) The seizure and
sale of personal property that could not be taken in bankruptcy proceedings
against the judgment debtor cannot be authorised.
(3) The sheriff may,
in pursuance of a warrant under this section—
(a)
enter the land (using such force as may be necessary for the purpose) on which
property to which the warrant relates, or documents evidencing title to such
property, are situated;
(b)
seize and remove any such property or documents;
(c)
place and keep any such property or documents in safe custody until completion
of the sale;
(d) sell
any property to which the warrant relates (whether or not the sheriff has
first taken steps to obtain possession of the property).
(3a) If the warrant
authorises the sale of land, the sheriff may eject from the land any person
who is not lawfully entitled to be on the land.
(4) The sheriff may,
in appropriate cases, leave a judgment debtor in possession of property until
it is sold in pursuance of the warrant.
(5) Subject to any
contrary direction by the court—
(a) the
sale of real property or tangible personal property will be by public auction
(but if no bid that the sheriff considers acceptable is made at auction, the
sheriff may proceed to sell the property by private treaty for a price not
less than the highest bid);
(b) if
there is a reasonable possibility of satisfying the judgment debt out of
personal property, the sheriff should sell personal property before proceeding
to sell real property.
(6) Where any part of
the judgment debtor's property consists of intangible property, the sheriff
may sign any transfer or do anything else necessary to convert that property
into money.
(7) Where property of
the judgment debtor seized in pursuance of the warrant consists of a bank note
or other money, the sheriff must, unless it has a value greater than its face
value, hand it over to the judgment creditor in full or partial satisfaction
of the judgment.