Western Australian Consolidated Acts (1) Subject to any
order made by a court under this section, the sale under a property (seizure
and sale) order of a judgment debtor’s saleable interest in personal or
real property —
(a) may
be conducted —
(i)
in the case of personal property — at the
place where the property was seized or at any other place, as the Sheriff
thinks fit;
(ii)
in the case of real property — on the property
or at any other place, as the Sheriff thinks fit;
(b) must
be by public auction; and
(c) must
not be for less than a fair value of the interest.
(2) The Sheriff or the
judgment creditor may apply to the court that made a property (seizure and
sale) order for an order as to any or all of the following in relation to a
saleable interest to which the order applies —
(a) that
the interest may be sold by public tender;
(b) that
the interest may be sold by private agreement;
(c) that
the interest may be sold for an amount that is less than a fair value of the
interest.
(3) The judgment
debtor is entitled to be heard on an application made under
subsection (2).
(4) The court may make
any or all of such orders.
(5) When or after
making an order under subsection (2)(c) a court may order that the
interest not be sold for less than an amount set by the court.