212
Laws of Malaysia
Act 593
(2) If within six months from the publication of the notification
no person has established a claim to the property, the ownership
of the property or, if sold, the net proceeds of it shall then pass
to and become vested in the Federal Government.
Procedure where property is perishable or of small value
415. (1) Any property detained in police custody on the order
of a Magistrate made under subsection 413(3) may be sold by
public auction or in such manner as may be practicable if—
(a) it is subject to speedy decay or deterioration;
(b) it cannot be maintained without difficulty, or it is not
practicable to maintain;
(c) in the opinion of the police officer that the value of such
property is less than ten thousand ringgit; or
(d) i ts custody involves unreasonable expense and
inconvenience.
(2) The proceeds of the sale shall be then passed to and become
vested in the Federal Government after deducting the cost and
expenses of the maintenance and sale of the property.
Procedure where owner is absent
416. (1) If the person entitled to the possession of such property
is absent from the State and the property is subject to speedy and
natural decay or the Magistrate to whom its seizure is reported
is of opinion that its sale would be for the benefit of the owner
or that the value of the property is less than ten ringgit the
Magistrate may, at any time, direct it to be sold and subsection
414(2) shall apply to the net proceeds of the sale.
(2) If the person to whom property has been ordered to be
delivered under subsection 413(2) neglects or omits to take delivery
of the property within the period prescribed, the Magistrate may,
where the property is subject to speedy and natural decay or
where in his opinion its value is less than ten ringgit, direct that
the property be sold and the net proceeds of the sales shall, on
demand, be paid over to the person entitled to it.
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