law: The Prevention of Money-Laundering Act, 2002
  10. Management of
  
  properties confiscated under this Chapter.-
  1.  The
  
  Central Government may, by order published in the Official Gazette, appoint as
  
  many of its officers (not below the rank of a Joint Secretary to the Government
  
  of India) as it thinks fit to perform the functions of an Administrator.
  2.  The
  
  Administrator appointed under sub-section (1) shall receive and manage the
  
  property in relation to which an order has been made under sub-section (6) of
  
  section 8 in such manner and subject to such conditions as may be prescribed.
  
  (3) The Administrator shall also take such measures, as the Central Government
  
  may direct, to dispose of the property which is vested in the Central
  
  Government under section 9.