designated police officer "designated police officer" means a police officer of the rank of Superintendent or above, designated in writing by name or office by the Inspector-General of Police for the purposes of this Act either generally or in relation to any specific provision of this Act; "diminished in value", in relation to any property, means the whole or part of the property being expended, utilised, destroyed, or being subjected to any dealing, process or other act, so that it ceases to exist, or is reduced in value or size, or is altered in character; ACT 340 - DANGEROUS DRUGS (FORFEITURE OF PROPERTY) ACT 1988 2. Interpretation.