Art assets comprise a range of items that are sold, donated, bequeathed, recovered or lost. The state, or state agencies, often touch and have a role in such matters and circumstances. This session will focus on: • local restrictions on the sale of aboriginal/native art for sale outside the home jurisdiction and the international impact on reception/delivery in third-party states; attention will be given in particular to the restrictions and protections in place for Australia and the region; and • arbitration and international trading in art; an interesting question around 'applicable laws' has arisen in recent times: should the law of the art work’s originating country be the applicable law? Current arbitration considerations will be discussed. The intention is to provide a current and interesting look at these elements in an interactive manner.