Section 118.   Management of properties seized or forfeited under this Chapter.

(1) The Court may appoint the District Magistrate of the area where the property
is situated, or any other officer that may be nominated by the District Magistrate, to perform
the functions of an Administrator of such property.
(2) The Administrator appointed under sub-section (1) shall receive and manage the
property in relation to which the order has been made under sub-section (1) of section 117
or under section 120 in such manner and subject to such conditions as may be specified by
the Central Government.
(3) The Administrator shall also take such measures, as the Central Government may
direct, to dispose of the property which is forfeited to the Central Government.